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Q: Does cost of construction include the contractors fee?
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Are brick paving contractors required to be state licensed in Arizona?

Yes, all contractors even brick paving contractors are required to be licensed in the state of Arizona. You simply pay a fee to get your license.


How many Types of contract in civil engineering?

Contract In law, a contract is a binding legal agreement that is enforceable in a court of law. That is to say, a contract is an exchange of promises for the breach of which the law will provide a remedy According to legal scholar Sir John William Salmond, a contract is "an agreement creating and defining the obligations between two or more parties". Construction contract Formal agreement for construction, alteration, or repair of buildings or structures (bridges, dams, facilities, roads, tanks, etc.). A construction contract is distinct from a contract to assemble, fabricate, or manufacture. While construction contracts serve as a means of pricing construction, they also structure the allocation of risk to the various parties involved. The owner has the sole power to decide what type of contract should be used for a specific facility to be constructed and to set forth the terms in a contractual agreement. It is important to understand the risks of the contractors associated with different types of construction contracts. Lump Sum Contract In a lump sum contract, the owner has essentially assigned all the risk to the contractor, who in turn can be expected to ask for a higher markup in order to take care of unforeseen contingencies. Beside the fixed lump sum price, other commitments are often made by the contractor in the form of submittals such as a specific schedule, the management reporting system or a quality control program. If the actual cost of the project is underestimated, the underestimated cost will reduce the contractor's profit by that amount. An overestimate has an opposite effect, but may reduce the chance of being a low bidder for the project. Unit Price Contract In a unit price contract, the risk of inaccurate estimation of uncertain quantities for some key tasks has been removed from the contractor. However, some contractors may submit an "unbalanced bid" when it discovers large discrepancies between its estimates and the owner's estimates of these quantities. Depending on the confidence of the contractor on its own estimates and its propensity on risk, a contractor can slightly raise the unit prices on the underestimated tasks while lowering the unit prices on other tasks. If the contractor is correct in its assessment, it can increase its profit substantially since the payment is made on the actual quantities of tasks; and if the reverse is true, it can lose on this basis. Furthermore, the owner may disqualify a contractor if the bid appears to be heavily unbalanced. To the extent that an underestimate or overestimate is caused by changes in the quantities of work, neither error will effect the contractor's profit beyond the markup in the unit prices. Cost Plus Fixed Percentage Contract For certain types of construction involving new technology or extremely pressing needs, the owner is sometimes forced to assume all risks of cost overruns. The contractor will receive the actual direct job cost plus a fixed percentage, and have little incentive to reduce job cost. Furthermore, if there are pressing needs to complete the project, overtime payments to workers are common and will further increase the job cost. Unless there are compelling reasons, such as the urgency in the construction of military installations, the owner should not use this type of contract. Cost Plus Fixed Fee Contract Under this type of contract, the contractor will receive the actual direct job cost plus a fixed fee, and will have some incentive to complete the job quickly since its fee is fixed regardless of the duration of the project. However, the owner still assumes the risks of direct job cost overrun while the contractor may risk the erosion of its profits if the project is dragged on beyond the expected time. Cost Plus Variable Percentage Contract For this type of contract, the contractor agrees to a penalty if the actual cost exceeds the estimated job cost, or a reward if the actual cost is below the estimated job cost. In return for taking the risk on its own estimate, the contractor is allowed a variable percentage of the direct job-cost for its fee. Furthermore, the project duration is usually specified and the contractor must abide by the deadline for completion. This type of contract allocates considerable risk for cost overruns to the owner, but also provides incentives to contractors to reduce costs as much as possible. Target Estimate Contract This is another form of contract which specifies a penalty or reward to a contractor, depending on whether the actual cost is greater than or less than the contractor's estimated direct job cost. Usually, the percentages of savings or overrun to be shared by the owner and the contractor are predetermined and the project duration is specified in the contract. Bonuses or penalties may be stipulated for different project completion dates. Guaranteed Maximum Cost Contract When the project scope is well defined, an owner may choose to ask the contractor to take all the risks, both in terms of actual project cost and project time. Any work change orders from the owner must be extremely minor if at all, since performance specifications are provided to the owner at the outset of construction. The owner and the contractor agree to a project cost guaranteed by the contractor as maximum. There may be or may not be additional provisions to share any savings if any in the contract. This type of contract is particularly suitable for turnkey operation.


What is the building permit?

A building permit is issued to construct almost any building or structure in most cities and counties. It is issued once the plan for the construction has been reviewed for safety per the international building safety codes. The fee paid for the permit is calculated as the average cost of the plan review and the on-site inspections which are done at designated intervals during construction, culminating in a final inspection that approves use or occupancy. Reviews and inspections are conducted by certified professionals acting under a Building Official. Permits are a fee for the services not a tax on an activity. Most real estate transactions require proof of permitted and inspected work - thus the permit is connected to intrinsic value. Design professionals and contractors rely on review and inspections as part of any project; quality, workmanship, and safety are a three-legged stool of modern construction. However, building codes date to ancient times where consequences for poor construction were direct - if someone was injured or died, the builder would be subjected to the same fate! If a contractor suggests that there is no need for permits they, more likely than not, are cutting corners on the project, unqualified, unlicensed, or all of these. As part of permit review most jurisdictions check contractor licenses. In addition, the review also includes a review of the site to insure proper placement and availability of services such as water and sewer. For more information, contact your local building safety department's Building Official.


Can you get an online degree in coastal engineering?

Coastal engineering is amongst the few very recent degree programs which have been into play and making their own space in the professional field. with the improving technologies and technological requirements, the need for the professionals also grows. The trend for the degree pursuades many to join the degree program and get through it. sometimes there are various students who, having the potential to perform best in the degree, cannot get the chance to get admission in campus schools for certain reasons primarily being the fee. For such potential students, there are now the online schools providing online degrees. there are various schools offering online degree in coastal engineering which can be searched through various online resources. going through numerous sites it would help in selecting appropriate online schools providing quality online education and best online degree programs related to engineering and specially coastal engineering.


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What is Cost plus variable fee?

It is a type of contract, mostly for construction, whereas the fee over cost payable to the contractor varies depending, most usually, on the trade i.e. item of the works.


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A mortgage closing cost may include any or all of the following: discount and origination points, the application fee, appraisal fee, credit report fee, title search and title insurance, and a survey fee.


What are construction?

Construction cost is expense incurred by a contractor for labor, material, equipment, financing, services, utilities, etc., plus overhead and contractor's profit. Costs such as that of land, architectural design, consultant and engineer's fee are not construction costs.


Are brick paving contractors required to be state licensed in Arizona?

Yes, all contractors even brick paving contractors are required to be licensed in the state of Arizona. You simply pay a fee to get your license.


What are construction costs?

Construction cost is expense incurred by a contractor for labor, material, equipment, financing, services, utilities, etc., plus overhead and contractor's profit. Costs such as that of land, architectural design, consultant and engineer's fee are not construction costs.


Is it standard to have a project management fee for kitchen remodel and if so what percentage?

Doesn't have to be. Why not get some other quotes to see if the cost is within range? Check out http://www.elyfe.com/remodeling.html where you can get free quotes from contractors in your area.


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A parking ticket in Brooklyn NY will typically cost the offender approximately $115.00. This fee does not include any late fees.


What is the industrial funding fee?

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