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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.
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 ...
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP:
Many corporations have such standards, which define some terms and symbols specific to them; on the national and international level, ASME standard Y14.38 [1] is one of the standards. Australia utilises the Technical Drawing standards AS1100.101 (General Principals), AS1100-201 (Mechanical Engineering Drawing) and AS1100-301 (Structural ...
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Hours after a Dallas Mavericks hype video went viral for all of the wrong reasons, the musician who made it is taking the fall.. Dallas rapper Dorrough Music, who wrote and performed a song for ...
Construction bidding is the process of submitting a proposal to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs .