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What is CSI MasterFormat?

MasterFormat®, a publication of CSI and CSC, is a master list of numbers and titles classified by work results. It is primarily used to organize project manuals and detailed cost information, and to relate drawing notations to specifications.

What is d1 construction?

Division 01 forms the bridge between the Conditions of the Contract and the project specifications. … Division 01 expands upon the Conditions of the Contract to explain how the contract will be administered and what procedures will be used to ensure an efficient (hopefully) construction process.

The guaranteed maximum price (GMP) contract is a variation of the cost-plus-fee contract, and is popular in designbuild delivery.

What are the three project delivery methods?

Construction Project Delivery Methods

  • Design-Bid-Build (DBB)
  • Design-Build (DB)
  • Construction Management-at-Risk (CMAR)
  • Construction Management Multi-Prime (CMMP)

What is a cost plus project?

Cost Plus Contract An owner agrees to pay the cost of the work, including all trade subcontractor work, labor, materials, and equipment, plus an amount for contractor’s overhead and profit.

What is the difference between fixed price and lump sum contract?

Under a lump sum contract, a single ‘lump sumprice for all the works is agreed before the works begin. … It is defined as a fixed price contract, where the contractors agree to execute the work for a stated total sum of money.