A glossary of terms with reference to Construction Cost Estimating
Construction Cost Estimating
JULY 1, 2014
Construction - is a process that consists of the creation, modification, or demolition of facilities, buildings, civil and monumental works, and infrastructure. Labor burden is the cost of payroll taxes and insurances (such as Workers'' compensation) which the employer must pay to employ workers. Example: Wage rate is 10.00/hour,
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