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The purpose of obtaining a certificate of occupancy is to prove that, according to the law, the house or building is in liveable condition. Generally, such a certificate is necessary to be able to occupy the structure for everyday use, as well as to be able to sign a contract to sell the space and close on a mortgage for the space.
It is also quite usual for the final building to differ in some respects to that which received full plans approval, in which case amended "as built" plans are often required to be submitted to the Local Authority. A "completion certificate" is issued upon completion, as long as the completed work complies with the Building Regulations.
In these events, software companies were often arranged at the front of a large conference room in order: planning, design, construction, maintenance management, and asset management. The COBie data flow (COBie is about building equipment only) was demonstrated. Over 90% of those participating delivered information in the COBie spreadsheet format.
A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors .
The Completed-contract method is an accounting method of work-in-progress evaluation, for recording long-term contracts. GAAP allows another method of revenue recognition for long-term construction contracts, the percentage-of-completion method.
A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...