Profile

Join date: May 16, 2022

About

PROVING AND PRICING CONSTRUCTION CLAIMS.pdf gardvlad





Download









PROVING AND PRICING CONSTRUCTION CLAIMS.pdf


Proving and Pricing Construction Claims Proving And Pricing Construction Claims In Time Schedule Proving and Pricing Construction Claims.pdf Welcome to read our article on "Proving and Pricing Construction Claims" and below we will provide you with some relevant information on "Proving and Pricing Construction Claims". After the design stage, the contractor establishes a schedule based on the scope of the project. The project schedule takes into consideration various factors such as time, materials, and labor to cost out the project. During the construction of the project, the owner usually has a monetary limit that determines the percentage that can be charged for the different services. It is often called the "target contract value", which is a measure of construction cost that should be reached during the life of the project. This target cost is used by the owner and the contractor to estimate the amount of money that will be needed for the project. The target cost can also be defined as the money that the owner requires the contractor to spend on the project. Providing accurate cost estimates is a major part of the job of a contractor. For this reason, the contract must include a clause that explains how costs are estimated. This clause is known as the "method of cost estimation", and it provides a standard way of costing projects. The method of cost estimation is included in the contract when the contract is being signed, but it may be supplemented by a more detailed schedule known as the "scope of work". Project costs are usually broken down into two main parts: fixed costs and variable costs. Fixed costs are those costs that are considered necessary for the project, regardless of how many units of the project are ordered. They can be described as the costs of direct materials, equipment, and supplies used to construct a project. Some examples of fixed costs are the cost of subcontractors and suppliers, professional fees, construction loans, and the construction manager's overhead. Variable costs are those costs that vary depending on how many units of the project are ordered. They are usually calculated as a percentage of the total project cost. These costs include but are not limited to the cost of labor, materials, and any overheads that the contractor incurs to produce a project. Some examples of variable costs are change orders and extras. Additional Cost Types In addition to the fixed and variable cost, the project can be broken down into two more parts: administrative costs and profit. The administrative costs are those costs that are necessary but do not directly









Full Edition PROVING AND PRICING CONSTRUCTION CLAIMS [mobi] Utorrent Ebook Rar


be359ba680





PROVING AND PRICING CONSTRUCTION CLAIMS.pdf gardvlad

More actions