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What organization/association publishes the MasterFormat? Compare the two different MasterFormat editions used in the construction...

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What organization/association publishes the MasterFormat? Compare the two different MasterFormat editions used in the construction industry, TTTT Paragraph Arial 3 (12pt) T X DOO T' T. Why "cost + a percentage of cost" is not a very common type of fee structure? When assembling the estimate for a project, you could not get any responses from a subcontractor for the flooring portion of a 2500 SF job. You reviewed historical data and put in a plug number of $6/SF, or $15,000. You were awarded the job and are securing contractors. The lowest contractor bid you receive is for $6.25/5F, or $15,625, and you enter into a subcontract. You are over budget on this line item by 5625. Since you have a commitment for this portion of work, you will modify your budget to reflect the new cost of work by adding $625 to the line item. This money has to come from somewhere to cover the additional cost. Where does this money come from? Name two different sources to use to cover the additional cost. For the toolbar. ore AIT Finlar ALTA

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