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50 Divisions refers to the 50 divisions of construction information, as defined by the Construction Specifications Institute (CSI)'s MasterFormat beginning in 2004.
A balance sheet summarizes an organization's or individual's assets, equity and liabilities at a specific point in time. Two forms of balance sheet exist. They are the report form and account form. Individuals and small businesses tend to have simple balance sheets. [5] Larger businesses tend to have more complex balance sheets, and these are ...
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A firewall is an assembly of materials used to delay the spread of fire a wall assembly with a prescribed fire resistance duration and independent structural stability. This allows a building to be subdivided into smaller sections. If a section becomes structurally unstable due to fire or other causes, that section can break or fall away from ...
A punch list is a document prepared during key milestones or near the end of a construction project listing works that do not conform to contract drawings and specifications that the general contractor must correct prior to final payment. [1] The work may include incomplete or incorrect installations or incidental damage to existing finishes ...