The Construction Manager in the 80's |
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Page 39
The general contractor holds back a 10 percent retainage on his subcontractors . If the general contractor has sufficient capital , he may get a lower price by holding the 10 percent only until the completion of each sub's work ...
The general contractor holds back a 10 percent retainage on his subcontractors . If the general contractor has sufficient capital , he may get a lower price by holding the 10 percent only until the completion of each sub's work ...
Page 77
For example , an $ 100 item may be estimated with a probable error of 20 percent , with the same error of a $ 1,000 item estimated to 2 percent . The degree of precision in estimates of material quantities is usually high ; 1 percent is ...
For example , an $ 100 item may be estimated with a probable error of 20 percent , with the same error of a $ 1,000 item estimated to 2 percent . The degree of precision in estimates of material quantities is usually high ; 1 percent is ...
Page 252
The percentage of the total that the work is ahead or behind schedule is interpolated between the first and the last of the month's percentages for that particular bar . Site work , for example , should be 90 percent complete , but is ...
The percentage of the total that the work is ahead or behind schedule is interpolated between the first and the last of the month's percentages for that particular bar . Site work , for example , should be 90 percent complete , but is ...
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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