A written document between the owner and the contractor signed by the owner and the contractor authorizing a change in the work
or an adjustment in the contract sum or the contract time. A change order may be signed by the architect or engineer, provided
they have written authority from the owner for such procedure and that a copy of such written authority is furnished to the contractor
upon request. The contract sum and the contract time may be changed only by change order. A change order may be in the form of
additional compensation or time; or less compensation or time known as a Deduction (from the contract) the amount deducted from
the contract sum by change order.
Change Order Proposal (See Change order) A change order proposal is the written document before it has been approved and effected by the
Contractor and Owner. A change order proposal can be issued by either the contractor or the owner. The change order proposal becomes
a change order only after it has been approved and effected by the Contractor and Owner.
Change Order Request
A written document issued by the owner requesting an adjustment to the contract sum or an extension of the contract time;
generally issued by the architect or owners representative.
A service offered where only invited bidders or estimators are given access to the project specific RFP (Request for Proposal)
information. This option is for those seeking bids/estimates from a prequalified and selected list of professionals or service.
For security and easy access, the RFP poster receives an e-mail showing the list of bidders/estimators and links to View the RFP
Details and View any Bids as they are received. This e-mail gives the poster the ability to file and track their respective
RFP's using their own e-mail filing system. (see Open Bid/Estimate)
Prevailing regulations, ordinances or statutory requirements set forth by governmental agencies associated with building construction
practices and owner occupancy, adopted and administered for the protection of public health, life safety and welfare.
(see Building Code)
1. The direct contractor costs for labor, material, equipment, and services; contractors overhead and profit; and other direct
construction costs. Construction cost does not include the compensation paid to the architect and engineer and consultants,
the cost of the land, rights-of-way or other costs which are defined in the contract documents as being the responsibility
of the owner. (see Soft Costs)
Construction Document Review
The owners review of the borrowers construction documents (plans and specifications), list of materials, and cost breakdowns
for the purpose of confirming that these documents and estimates are feasible and are in accordance with the proposed loan
or project appraisal.
Construction Documents Phase
The third phase of the architect's basic services wherein the architect prepares working drawings, specifications and bidding
information. Depending on the architects scope of services the architect may assists the owner in the preparation of bidding forms,
the conditions of the contract and the form of agreement between the owner and contractor.
Construction Management Organizing and directing men, materials, and equipment to accomplish the purpose of the designer.
Construction Management Contract
A written agreement wherein responsibilities for coordination and accomplishment of overall
project planning, design and construction are given to a construction management firm. The building team generally consists
of the owner, contractor and designer or architect.
The fifth and final phase of the architect's basics services, which includes the architect's
general administration of the construction contract(s).
One hired by the owner or client to give professional advice.
1. An agreement between two or more parties, especially one that is written and enforceable by law
2. The writing or document containing such an agreement.
The contractual duties and responsibilities of the architect and engineer during the
construction phase of a specific project.
A written form of security from a surety company, on behalf of an acceptable prime or
main contractor or subcontractor, guaranteeing complete execution of the contract and all supplemental agreements pertaining
thereto and for the payment of all legal debts pertaining to the construction of the project.
Contract Over-run (under-run)
The difference between the original contract price and the final completed cost including
all adjustments by approved change order.
Contract Payment Bond
A written form of security from a surety company to the owner, on behalf of an acceptable prime
or main contractor or subcontractor, guaranteeing payment to all persons providing labor, materials, equipment, or
services in accordance with the contract.
The elapsed number of working days or calendar days from the specified date of commencing
work to the specified date of completion, as specified in the contract
The total agreeable amount payable by the owner to the contractor for the performance of
the work under the contract documents. (see Change Order)
A properly licensed individual of company that agrees to furnish labor, materials,
equipment and associated services to perform the work as specified for a specified price.
A written provision in the contract documents giving the contractor the option of selecting
certain specified materials, methods or systems without changing in the contract sum.
Contractor's Qualification Statement
A written statement of the Contractor's experience and qualifications submitted to the Owner
during the contractor selection process. The American Institute of Architects publishes a standard Contractor's
Qualification Statement form for this purpose.
The liability assumed by a party under a contract.
Cost of Work
All costs incurred by the contractor in the proper performance of the work required
by the plans and specifications for a specific project.
Cost Plus Fee Agreement (Cost-Plus)
A written agreement with the owner under which the contractor or the architect and engineer
is reimbursed for his/her direct and indirect costs and, in addition, is paid a fee for his services. The fee is usually stated
as a stipulated sum or as a percentage of cost.
The set of activities that must be completed on time for the project completion date
to be met. Activities on the critical path have no slack time.
Critical Path Method (C.P.M.)
A planning scheduling and control line and symbol diagram drawn to show the respective tasks
and activities involved in constructing a specific project.
Construction Specification Institute
CSI Master Format
The CSI Master Format is a system of numbers and titles for organizing construction
information into a regular, standard order or sequence. By establishing a master list of titles and numbers Master Format
promotes standardization and thereby facilitates the retrieval of information and improves construction communication.
It provides a uniform system for organizing information in project manuals, for organizing project cost data, and for filing
product information and other technical data.
Current Date Line
A vertical line on the chart indicating the current date.