Hip

A hip is the external angle formed where two sloping roof surfaces meet, running from the ridge down to the

Inflation

Inflation is a sustained increase in the general price level of resources, as defined in ISO 15686-5; it is the

Infrastructure

Infrastructure is the basic physical networks and facilities that a society, economy or development needs in order to function, such

Initial Project Brief

The initial project brief sets out the project objectives agreed following discussions with the client, together with the client’s business

Insolvency

Insolvency is the state of a person or company being unable to pay its debts when they fall due, or

Interim Valuation

Interim valuations are the periodic assessment and valuation of the work completed by a contractor during a construction project. They

Labour

Labour is the category of cost incurred in employing people, such as operatives, craftspeople and tradespeople, to carry out construction

Labour Benefits

Labour benefits are the additional costs, beyond basic wages, that an employer pays directly to employees or into a fund

Labour Burden

Labour burden is the cost of the payroll taxes and insurances that an employer must pay, over and above wages,