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Time-related charges in construction refer to costs incurred as a result of the duration of a project, including labor, equipment rental, and overhead expenses. These charges typically arise when delays occur, either due to unforeseen circumstances or changes in project scope. They can significantly impact the overall budget and timeline, making it essential for project managers to monitor and manage these charges effectively. Properly addressing time-related charges can help mitigate financial risks and ensure project completion within the planned timeframe.

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2w ago

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