Listen to our podcast for new terms and check out our glossary below. Click on a term to find articles that reference that term. Glossary of Terms A Aggregate – Coarse material such as sand, gravel, or other crushed rock. Often used as a substrate or base...
Concrete Formwork Takeoff 101 – It’s All About SFCA
Executive Summary. There are some basics to concrete formwork takeoff whether you’re doing residential flatwork, a 40-story condominium tower, or a $500 million wastewater treatment plant. Start here with learning just the basics of concrete takeoff. First, a quickie...
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Debt: You Need It
Executive Summary Debt, at least in the American construction business, is helpful when it comes to growth. Here’s a couple reasons why. What is debt? When money is borrowed and then must be paid back, that money which must be paid back is called debt. On your...
How to do a Job Cost Projection: Cutting through the Fog – Part 2
You can find Part 1 here. Let’s run through an example. Let’s do an example so you see some of the challenges. Let’s take one cost code in your budget – let’s look at roadway subgrade. Below we have the budget for this cost. You can see the cost code is “1001” and...
Takeoff: Beyond the Drawings
Executive Summary. Takeoff is a primary function in the estimation of construction costs. A good takeoff includes more than is plainly seen on the drawings. Here is discussed the definition and purpose of takeoff along with what makes a takeoff good. What is...