The Construction Manager in the 80's |
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Page 39
Once a corrected estimate is complete , the next step is to prepare the budget . The budget is an estimate of the work , divided into parts on each of which the actual after - completion cost can later be determined , with letters or ...
Once a corrected estimate is complete , the next step is to prepare the budget . The budget is an estimate of the work , divided into parts on each of which the actual after - completion cost can later be determined , with letters or ...
Page 149
The latter route is least expensive if the surety has been called in early , before the contractor has gotten so far into debt on other contracts that an attempt to rescue him would be more expensive than completing the job .
The latter route is least expensive if the surety has been called in early , before the contractor has gotten so far into debt on other contracts that an attempt to rescue him would be more expensive than completing the job .
Page 220
Estimates made during the job must therefore include a generous margin for finishing work , as well as an attempt to compute the cost of work partially done for which the available unit prices are for complete items .
Estimates made during the job must therefore include a generous margin for finishing work , as well as an attempt to compute the cost of work partially done for which the available unit prices are for complete items .
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accept accordance accounting acts actual agreed agreement allowed amount appeal applicable approval arbitration Architect assume authority become bidder bond building cash cause charged claim clause complete considered construction contract Contract Documents contractor copy cost court damages decision delay detailed determine direct drawings employees engineer equipment error estimate example Figure firm foreman furnish give Government important invoices labor less loss machine materials methods necessary needed obtain operations organization otherwise owner paid party payment payroll percent performance person plans practice profit project manager proposal purchase reasonable received records referred refuse reports responsible result schedule separate specifications standard subcontractor submitted superintendent tion trade union unit unless usually workers written