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Wholesaling is selling goods in large quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit, if the retailer will agree to purchase a much greater quantity of units, so the wholesaler can maximize profit.
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 ...
Chemical Engineering Index, CE: composed of 4 major components – for equipment and other bulk items, the others relevant to construction labor, buildings, and engineering and supervision – the index is employed primary as a process plant construction index, was established using a base period of 1957-1959 as 100. The CE Index is updated ...
The Construction Products Association (CPA) is a UK construction industry trade association. It represents and champions manufacturers and suppliers of construction products. As well as representing some of the largest construction product manufacturers in the UK, the CPA also acts as the 'umbrella' trade organisation for dozens of sector and ...
Each issue typically includes product evaluations [1] and buying file [2] as new products are introduced into the market. In addition, the magazine covers fleet-management topics, including the monthly column equipment executive. [3] Every December, Construction Equipment ranks new products introduced that year in a feature called Top 100 new ...
The CSI Construction Product Representation Practice Guide (PRPG) provides a detailed discussion of the sales and marketing of products used in the construction process, and the contributions that knowledgeable product representatives are expected to make to the design, construction, and maintenance of facilities.
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