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#140:  Including Overhead and Profit In Mechanic's Lien Amounts

NH Construction Law

The statute is silent on how that “value” is measured, but the common practice has been to base the lien amount on the agreed price for the labor and materials provided – which naturally includes a markup for profit and overhead. This approach is supported by a reference in Anderson v. Shattuck , 76 N.H.

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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Some refer to these risks as "known-unknowns" because the estimator is aware of them, and based on past experience, can even estimate their probable costs. The estimated costs of the known-unknowns is referred to by cost estimators as cost contingency. RSMeans refers to this as, "Price the quantities."

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Joint connection failures in double-tee garages: Causes and solutions

Construction Specifier

The term “double-tee” refers to the section profile of the precast concrete members, which resembles a pair of uppercase letters: “TT.” At the time, there was widespread misunderstanding as to how these welds should be designed, and it is rare to find older construction drawings depicting them correctly. Corrosion at an overhead spall.

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3 Ways to Take Construction Asset Tracking to the Next Level 

Autodesk Construction Cloud

You can configure the system for your specific scope and work packages to make it easy for teams to access the assets they need, whether in the office or the field. And when categories are combined with custom fields, users can track all project hierarchy as it relates to physical bills of material, drawings, models, etc.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

Each project will encompass detailed line item construction task and reference specifications encompassing improvements, alterations, renovation, remodeling, major repairs, and minor new construction associated with ORGANIZATION NAME structures and properties. coefficient (reference table of allowable overhead). authorization.

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10 Essential Types of Construction Documents

Autodesk Construction Cloud

Architectural drawings. 5: Drawings. Construction documents often include architectural drawings. Also referred to as “ specs ,” these will cover information such as the: Equipment that is expected to be used on-site. Overhead costs. Some common kinds of construction documents include: Bidding documents.

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6 Tips for Getting Paid Now – Not Later

PSMJ Resources

Refer to article 9 of AIA Document B101-2007 for guidance. Also consider holding the retainer until you've received final payment, all final paperwork, guarantees, warranties, maintenance manuals, asbuilt drawings, and other traditional deliverables. Understand what your overhead factors are. Don't design for free.