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A unit cost contract or unit price contract is based on the units put in place rather than a single price. [19] Payments are calculated at a specific rate for each item such as per cubic yard for concrete times quantity put in place. "The contractor quotes an owner a price for a particular task or scope of work, though at the time of ...
Linkwitz–Riley filter is an example of practical implementation of partition of unity to separate input signal into two output signals containing only high- or low-frequency components. The Bernstein polynomials of a fixed degree m are a family of m +1 linearly independent single-variable polynomials that are a partition of unity for the unit ...
A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding. The ...
The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP:
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1] They may follow a Front-End Engineering and Design (FEED) contract.
Although the Design-Build Institute of America (DBIA) takes the position that design–build can be led by a contractor, a designer, a developer or a joint venture, as long as a design–build entity holds a single contract for both design and construction, some architects have suggested that architect-led design–build is a specific approach ...
Coursed masonry construction arranges units in regular courses. Oppositely, coursed rubble masonry construction uses random uncut units, infilled with mortar or smaller stones. [1] If a course is the horizontal arrangement, then a wythe is a continuous vertical section of masonry [2] one unit in thickness. A wythe may be independent of, or ...