The Construction ManagerPrentice-Hall, 1974 - 400 pages Armstrong and Kotler's study guide with flashcards, better known as The Driver's Manual, is delivered in one compact binder. |
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Page 71
... profit . The contractor , when setting his profit margin , considers the exposure to loss . He may set a profit margin of 5 percent of subcontractor and materials prices plus 20 percent of direct labor , but if a contingency occurs , it ...
... profit . The contractor , when setting his profit margin , considers the exposure to loss . He may set a profit margin of 5 percent of subcontractor and materials prices plus 20 percent of direct labor , but if a contingency occurs , it ...
Page 182
... profit . Any system that provides this information is adequate for the government's purpose . Its method of forcing a record to be kept is simple ; it assumes that any receipts of the business are profits unless the contractor can prove ...
... profit . Any system that provides this information is adequate for the government's purpose . Its method of forcing a record to be kept is simple ; it assumes that any receipts of the business are profits unless the contractor can prove ...
Page 200
... profit as possible for the owner - stockholders . Stockholders are aware that profits may be greater than reported for tax purposes , and many annual statements show estimated profits separately from tax profits . The income tax which ...
... profit as possible for the owner - stockholders . Stockholders are aware that profits may be greater than reported for tax purposes , and many annual statements show estimated profits separately from tax profits . The income tax which ...
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Common terms and phrases
acceptance agreed agreement American Arbitration Association AMERICAN INSTITUTE amount applicable apprentices approval arbitration Article ASPR authority bidder bond cash Change Order charged claims clause completion construction Contract Documents Contract Sum Contracting Officer Contractor copy cost account cost reports Davis-Bacon Act decision delay delivery depreciation detailed determine dispute drawings employees Engineer equipment estimate expense final payment firm foreman furnish Gantt chart Government INSTITUTE OF ARCHITECTS invoices labor cost liability liquidated damages machine materials methods necessary open-shop operations organization overhead Owner paid paragraph parties payroll percent percentage performance person plans procedure profit project manager proposal purchase order pursuant reasonable received responsible right-to-work laws schedule sheet Shop Drawings specifications Subcontractor Sublet submitted superintendent suppliers termination thereof tractor trade union unit prices unless usually value engineering wage YORK AVENUE