Handbook of Construction Management and Organization |
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Page 39
Our contractor and his partner have agreed on a total cost , without interest , surety bond , contingency , or markup , of $ 17 million . On the basis of a $ 20 million bid , the surety bond ( 1 percent of bid for the first two years ) ...
Our contractor and his partner have agreed on a total cost , without interest , surety bond , contingency , or markup , of $ 17 million . On the basis of a $ 20 million bid , the surety bond ( 1 percent of bid for the first two years ) ...
Page 41
A check on the unbalancing for early money already agreed upon revealed that , if the dam excavation greatly increased , there was already an unbalance agreed to that might prove highly profitable . True , each additional yard within ...
A check on the unbalancing for early money already agreed upon revealed that , if the dam excavation greatly increased , there was already an unbalance agreed to that might prove highly profitable . True , each additional yard within ...
Page 371
Contractor shall commence each stage of the Project immediately following authorization by the Owner , and shall prosecute the work continuously and diligently to completion , in accordance with a Construction Schedule to be agreed upon ...
Contractor shall commence each stage of the Project immediately following authorization by the Owner , and shall prosecute the work continuously and diligently to completion , in accordance with a Construction Schedule to be agreed upon ...
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Common terms and phrases
accounting activities actual additional agent agreed agreement amount application bank basis become bond building capital changes charged complete concrete considered construction contract contractor cost COST AMOUNT cover detailed determine developed direct engineer equipment estimate expense experience facilities field Figure final financing handling important increase interest involved joint venture labor less limited loan loss machine maintenance major materials matter ment method necessary needed normally operations organization owner payment percent performance period personnel plans plant possible practice prepared preventive problems procedures production profit proposal purchase rates reason received records repair responsibility result schedule specifications statement subcontractors supplies surety tion tractor underwriter UNIT UNIT COST usually various