5 Steps of the Building Process that you Need to Know
In order to better understand how a cost segregation study is conducted, it’s helpful to understand the construction process i.e., how a building is constructed. The following discussion gives a general overview of this process, right from the conceptual stage to the construction, payment, bidding, and completion stage of a project. Although there may be certain facts in specific geographic location that vary from what’s presented here, the basic construction concepts are similar in all locales. STAGES IN THE CONSTRUCTION PROCESS The Construction Process is composed of six distinct stages, which are: · Contracts and Bid Documents · Bidding · Concept · Construction Payments · Completion 1. ...