Which Division of the MasterFormat Contains Information That the Owner

question 16

Essay

Which division of the MasterFormat contains information that the owner, the design team and the contracting team would not need after the construction contract has been awarded?

---

Definitions:

Contribution Margin Ratio

A financial metric that shows the percentage of sales revenue that exceeds variable costs, essentially calculating the portion of sales available to cover fixed expenses.

Margin Of Safety

The difference between actual or expected sales and the sales level at which the business breaks even, indicating the risk level of not covering fixed costs.

Margin Of Safety Percentage

A financial metric that indicates the degree to which a business's sales can decline before it reaches the break-even point.

Net Operating Income

A financial metric that calculates a company's operational profit by subtracting operating expenses from operating revenues.