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use the term errors and omissions (E&O) insurance Other professions that commonly purchase professional liability insurance include accounting, engineering, land surveying and financial services, construction and maintenance (general contractors, plumbers, etc., many of whom are also surety bonded), and transport.
Mark-up is the difference between the cost of a good or service and its selling price. A markup is added on to the total cost incurred by the producer of a good or service in order to create a profit. Manual labor is physical work done by people involved in construction the project. All of the various trade workers are included in manual labor ...
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
Respiratory virus season is officially here in the U.S., making it a prime time to catch a cold. And because the average adult gets two or three colds a year, you could be dealing with an ...
A graphical representation of the conceptual differences between project delivery methods. There are two key variables which account for the bulk of the variation between delivery methods: The extent of the integration of the various service providers. The extent to which the owner is directly financing the project.
The winner of the ACC championship between Clemson and SMU will see one of the teams earn a first-round bye. It's win-or-go-home for the Big 12 championship between Arizona State and Iowa State .
The U.S. ambassador to Mexico, Ken Salazar, said on Wednesday that the country is not safe and criticized the previous president for a failed security policy and refusing to accept American ...
OCM – offshore construction manager; OCS – offshore construction supervisor; OCTG – oil country tubular goods (oil well casing, tubing, and drill pipe) [23] OD – outer diameter (of a tubular component such as casing [citation needed]) ODT – oil down to; OFE – oil field equipment; OFST – offset vertical seismic profile