REPORT PREPARATION
1. Define Engineer:
He is
the person appointed by the owner. He is technically very sound in work an his
job is to see that the work is being done by contractor entirely according to
drawings and specification.
2. Define Owner:
The
person of behalf of which work is to be done. He may be an individual or firm
or organization.
3. Define Site:
Site means the place
where the work is to be executed
4. Define Drawings:
The
section, map, plans etc… which completely define the construction work
geometrically is known as drawings
5. Define work:
It means the work is
to be carried out under this contract.
6. What is called
Tender Notice?
The notice inviting
tender is called tender notice.
7. Define
Specification:
The
drawings of a structure show the propositions and its relative position of its
various parts is called specification.
8. What are the objects
of specification?
1. Quality
2. Instruction
3. Aim of the project
9. What are the types of
specifications?
1. Brief Specification.
2. General specification.
10.Define Arbitration:
Arbitration
is the settlement of a dispute by the decision not of a court or law but of one
or more persons chosen by the parties themselves involved in the dispute.
11. Define Arbitrators:
The persons chosen
have the right to take decision are called arbitrators.
12. What are the types of Arbitration?
1. Arbitration without intervention of court.
2. Arbitration with intervention of court and
thre is no suit pending
3. Arbitration is suits.
13. What do you mean
by Gross income?
It is
total income that can be fetched from the property as rent or other source
without deducting out goings, operational and collection charges.
14. Define Net income:
It is
the amount left with the owner from the gross income after deducting outgoings,
operational and collection expense.
15. Define Capital
cost:
The total cost of
construction of the project including land is called capital cost.
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