Ads
related to: free estimate templates downloads for contractors letter of interestwaveapps.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
The general structure of any financial model is standard: (i) input (ii) calculation algorithm (iii) output; see Financial forecast.While the output for a project finance model is more or less uniform, and the calculation is predetermined by accounting rules, the input is highly project-specific.
The interest rate is stated in the Contract Particulars on contractually outstanding amounts. Reimbursement as a result of a delay in the progress of the works. Where a time extension is due to a breach of the contract by the Owner, the Contractor is entitled to reimbursement at the rate stated in the Contract Particulars.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
[10] [12] The clause should also include a requirement for the contractor or subcontractor to submit to the recipient weekly (e.g., for each week in which any contract work is performed) a copy of the construction payroll accompanied by statement of compliance. This report is commonly referred to as "certified payrolls", and is often done using ...