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Construction glossary

What is an Office?

An office in the construction industry refers to a space, whether portable or fixed, utilized for administrative tasks such as managing construction plans, processing permits, overseeing contracts, and coordinating construction activities. It may be onsite or offsite, functioning as the hub for project management. Onsite offices, often seen in portable cabins or trailers, serve as the command center monitoring real-time construction progression. They store important documents, house communication devices, and serve as a meeting spot for employees and visiting clients. Offsite offices, on the other hand, handle larger administrative tasks such as project bidding, procurement, and capital management. Moreover, it acts as a central contact point for multiple construction sites. Both types of offices play a pivotal role in ensuring a smooth, sustainable, and efficient execution of construction projects.

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Other construction terms

Depreciation

What is Depreciation?

Depreciation in the construction industry refers to the decrease in value of a building or infrastructure over time due to natural wear and tear, damage, ageing, or obsolescence. It's a concept that p...
Accounts Receivable (A/R)

What is Accounts Receivable (A/R)?

Accounts Receivable (A/R) in the construction industry refers to the amount of money owed to a construction company for goods and services it has provided but has not yet been paid for. This is typica...
Overbillings

What is Overbilling?

Overbilling refers to the unscrupulous practice of charging more than what is warranted for materials or services in the construction industry. This can occur when a contractor bills for more material...

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