How can the suspension of the work impact the contractor's costs?

Q: What is the position of the Contractor on change orders and Extra work?

A: Change order is to be approved and signed in writing by owner. Good contractor will never submit a…

Q: What are the side effects of change orders on the  the contractor's cost?

A: The nature of construction projects is complex and unpredictable, where lots of factors and…

Q: Can only particular prospective systems be utilised in a construction?

A:

Q: Jéan has asked that you explain the whole idea of construction lien to him in plain language, and if…

A: Jéan has requested you to explain the concept of a construction lien to him in layman's terms, as…

Q: To cope with an unrealistic completion schedule what must a contractor do?

A: To cope with an unrealistic completion schedule, a contractor must do the following : 1.Make sure…

Q: What should you do when paying for materials off site?

A: The client or the contractor at times is required to pay for materials that are not present on the…

Q: Does the Labor, materials, and equipment involve considerable risks?

A: The resources such as labour, material and equipment required for any project involves a significant…

Q: EXPLAIN YOUR ANSWER COMPREHENSIVELY. Mr. Jobert commissioned you to estimate the construction of a…

A: The cost estimate is made before the construction of the work of any project it is generally…

Q: How is the construction manager responsible for the coordination of the trades?

A: Trade coordination entails communicating and working with supervisors, subcontractors, suppliers of…

Q: Why do the Contractors and owners view the problem differently?

A: Owner of a project is the wholesome authority who has the responsibility for the whole project. The…

Q: What factors influence the rate assigned to a contractor forWorkmen’s Compensation insurance?

A: Employers are legally obligated to take reasonable care to assure that their workplaces are safe.…

Q: What are the main functions performed by the professional construction manager?

A: A construction manager is a person, who has the overall responsibility of the planning, decision…

Q: Who is a Foreman?

A: A foreman in the field of construction is a worker with great knowledge and years of experience in…

Q: What are the  two factors that  should be kept in mind before a contractor proposes a substitution?

A: Given: The two factors that should be kept in mind before a contractor proposes a substitution is…

Q: How is the acceleration of work beneficial for the contractor?

A: Acceleration of a construction project is pretty simple: It’s once the work being performed should…

Q: Who is responsible for evaluating construction materials and methods ofexecution of the work?

A: Evaluation of construction materials is very necessary in any construction related project.…

Q: What happens when owners prioritize construction costs above life safety?

A: When owners prioritise construction costs above life safety,then this leads to structural failures,…

Q: Why does the contractor not want to make a commitment to unit -price amounts?

A: In Unit price amount contract, it is a commitment by the contractor to fix the rates of each and…

Q: What is one situation (that involves the owner) that may result in the general contractor’s failure…

A: If contractor fails to complete work on time then owner has right to fire them. Owner can file claim…

Q: How do the contractors request for the substitutions of the material?

A: The substitution of materials indicates the changes in materials from those specified in the project…

Q: What are the benefits of public works contracts for the contractor?

A: The public works contracts are the contracts for financial interest decided in writing between a…

Q: From where the temporary construction utility services are obtained?

A: Temporary construction utility includes all the facilities which are required at the construction…

Q: What are the two important steps  taken by the  contractor  to perform his work under protest?

A: A contractor is a self-employed person that carries out work for the construction company. The…

Q: Explain the responsibility of a construction manager in the project ?

A: There are various responsibilities of a construction manager in the project.  some of the important…

Estimating construction costs

The determination of the cost of various items that would be required to carry out a construction project successfully is termed the estimation of construction costs. For preparing an estimate, the quantities of the materials are calculated from the construction drawings or blueprint design using formulas, and using these quantities, the construction cost estimating is done. The estimation process can be manual or it can be computed using construction estimating softwares such as RSmeans, STACK, and ProEst.