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Alternate bids accommodate changes in design or materials for flexibility in pricing.

Lap length is the minimum overlap between bars to transfer load effectively.

Valuation involves estimating the current market value of assets.

Scrap value is what remains after dismantling and disposal.

Salvage value assumes reuse of the asset without dismantling.

Capital cost includes all expenditures, including land and building.

1 pound equals approximately 453.59 grams.

Gypsum delays setting time of cement and improves workability.

Freeboard allows for scum layer and prevents overflow.

It is the strength value not exceeded by more than 5% of test samples.

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