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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Some refer to these risks as "known-unknowns" because the estimator is aware of them, and based on past experience, can even estimate their probable costs. The estimated costs of the known-unknowns is referred to by cost estimators as cost contingency. RSMeans refers to this as, "Price the quantities." Example: Wage rate is 10.00/hour,

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No Longer in the Dark: A Primer on the Distinction between Delay and Disruption Damages in a Construction Dispute

Best Practices Construction Law

The contract allowed for “delay damages” if the Contractor’s request for those damages “is determined to be compensable.”. Owner-Related Delays. Although the Contractor’s plans for the construction project anticipated that the County would move the utilities by a particular date, those utilities were moved almost one year later.

Claims 118
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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

Each project will encompass detailed line item construction task and reference specifications encompassing improvements, alterations, renovation, remodeling, major repairs, and minor new construction associated with ORGANIZATION NAME structures and properties. coefficient (reference table of allowable overhead). authorization.

Contract 100
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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

Sometimes referred to as the “language of business,” accounting personnel document an organization’s accounting activities to accurately measure financial performance. To make things even more complex, items that you might consider overhead expenses are often actually costs of goods sold because they are connected to a client project.

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One Awesome Case Discussing The Difference Between Delay and Disruption Damages!

Best Practices Construction Law

The contract allowed for “delay damages” if the Contractor’s request for those damages “is determined to be compensable.” ” Owner-Related Delays. Nevertheless, the Contractor completed its work within the contract time. Sovereign Immunity Argument. .”

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16 Things Every Contractor Should Know When Bidding a Job Order Contract

Job Order Contracting

The Owner simply references their existing Technical Specifications. Under NO CIRCUMSTANCES should a JOC Consultant be involved in make an award decision if the JOC Consultant is being compensated via a % of JOC construction volume. . Specifications should be provided for all work order requests. The reason for this is obvious.

Bidding 100
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The Case For Paying Marketers More

Help Everybody Everyday

Today, I’m going to make the case for why many marketers are not being properly compensated under Federal law. And I’m going to provide all the information you or they would need to decide for themselves whether or not anyone’s compensation needs to be adjusted. The Highly-Compensated Employees Failsafe. This is huge.