Skip to content

07 — Glossary

Construction, insurance, and Cara-specific terms you'll hit constantly. Bookmark this.

Acronyms (GC, RFI, RFP, IFB, SOV, COI, PCO, CO, ICO, CSI, PO, DWG) show a quick definition anywhere they appear on the site — just hover over them, no need to come back to this page. This page is still the full reference, and other docs link straight to a specific row here when they need to point at the fuller explanation.

As we build out click-by-click walkthroughs (doc 06), some entries below will get a "→ see walkthrough" link for the fuller explanation with examples. For now, entries stay short — ask Claude Code if you need more detail on any term than what's here.

Term Meaning
Alternate Optional add/deduct scope, priced separately and not included in the base contract total (e.g. "Alt 1: upgrade to premium fixtures"). Shown in its own Alternates tab for the client/owner to decide on later.
AP / AR Accounts Payable / Accounts Receivable — standard finance terms. AP = money Pinley owes (to vendors/subs); AR = money owed to Pinley (progress billing to the GC). Finance owns AP/AR in the app.
Assembly / Extract Assembly A bundled kit of parts that belong together on a drawing detail (e.g. an air handler plus its dampers, controls, and mounting hardware). "Extract Assembly" is the AI feature that reads a drawing PDF page and proposes the whole kit as draft line items for the estimator to review and apply.
Award The moment Pinley wins a bid; the bid becomes a project.
Backcharge (BC) A cost passed between GC, Pinley, and a sub/vendor — e.g. Pinley is charged for corrective work and passes that cost on to the sub who caused it. One of the four Change Order types. Careful: the on-screen "BC" abbreviation here is unrelated to BuildingConnected (also "BC") — same two letters, different meaning depending on context.
Bid Pinley's effort to win a specific job: its estimate, vendors, documents, and status.
Bid Invite An invitation from a GC asking Pinley to bid (often synced from BuildingConnected/Procore). Not the same as a Bid — it only becomes one once Accepted.
Budget On the estimate sheet, a placeholder number an estimator enters before a vendor is chosen for a line item. Careful: on that same grid, "Bid" is also a column name (the vendor's actual quoted price) — a different, narrower meaning than the main "Bid" entry above. Budget doesn't automatically become the Bid column value, even if no vendor is ever selected.
BuildingConnected (BC) / Procore External bid-management systems Cara syncs bid invites from.
Change Order (CO) / PCO A change to contract scope/price after award. PCO = potential/proposed change order, becomes a CO once approved. Two more specialized types exist: ICO (against Pinley's own profit) and Backcharge (passed to a sub/vendor).
COI (Certificate of Insurance) Proof a sub carries required insurance. Tracked per project.
COI Revision A versioned snapshot of insurance requirements. Immutable (see §5 of doc 01).
Cost (aka "Buy price") The price Pinley actually pays a vendor for a line item — on the estimate sheet, Cost = Bid × (1 − Cut%). "Cost" is the on-screen column name; "Buy price" is the same concept in conversation, kept here so either term finds this entry. Not to be confused with Cost Code below (an accounting classification, unrelated).
Cost Code A standardized accounting code for a type of work (CSI MasterFormat divisions, e.g. Div 23 = HVAC). Company-level.
Cut% The estimator's negotiated discount off a vendor's quoted Bid price, expressed as a percentage. Feeds directly into Cost: Cost = Bid × (1 − Cut%).
Daily Log A field record of one work day (manpower, materials, delays, safety, photos, work performed).
DWG The native CAD drawing file format (from AutoCAD) — usually uploaded alongside a flattened reference PDF of the same drawing. The Drawings tab and Takeoff viewer both handle DWG + PDF pairs.
Estimate The detailed priced cost of doing the work; built on the estimate sheet.
Estimate Revision A saved, versioned snapshot of an estimate. Append-only (see §5 of doc 01).
GC (General Contractor) The main contractor running the whole building project; Pinley usually works under a GC as a subcontractor.
ICO (Internal Change Order) A change order that eats into Pinley's own profit rather than being billed to the GC — always requires a reason (missed in estimate, field error, design change, coordination issue, or other) with at least 20 characters of explanation.
IFB (Invitation for Bid) A solicitation document, strictly price-focused — "just give me a number." Often the literal filename of the plan-set PDF a GC sends.
Indemnity Agreement A signed agreement shifting certain liability; tracked per project sub.
Job Cost Materials + Labor + Tax — what the job actually costs Pinley, before profit is added.
Labor Cost of Pinley's own crew hours (self-performed work), separate from anything bought from a vendor.
Manpower The Daily Log section recording who worked a given day — trade, number of workers, and hours. Distinct from Materials/Labor cost tracking on the estimate side.
Markup / Contract price Job Cost with markup% added — the number quoted to the GC. Profit fields are restricted to certain roles (Owner/Exec/Admin/Senior PM only); a PM or Estimator not seeing them is expected, not a bug (see doc 01 §2).
Materials Cost of stuff bought from vendors/subs, after the estimator's negotiated discount. Not the same as Labor.
Organization Cara's single unified record for any external company — sub, vendor, client, broker, GC, property manager, owner's rep. One org can wear several "role" tags.
PO (Purchase Order) An internal request/approval to spend against the project budget — tracked on the Project Budget tab. Sourced from either the original budget or a change order.
Project An awarded, in-execution job.
Proposal The formal priced offer document sent to the client, rendered as a PDF from a frozen estimate snapshot.
Punch List The list of remaining defects or unfinished items to fix before a job is considered complete — a field/PM tool, tracked under a project's Field tab.
Reopened A Bid status a Lost, No-Bid, or Withdrawn bid can move to — despite how those three are sometimes described, they are not fully terminal. A Reopened bid can go on to Qualifying or Superseded. Only Awarded and Superseded have no forward transitions at all.
Retainage A % of each payment the GC holds back until the job is complete.
Revision A full snapshot copy of a record (estimate, COI, proposal). Old data is never edited in place — always a new revision; only one is "active" at a time.
RFI (Request for Information) A formal question to the GC/architect to clarify something on the drawings.
RFP (Request for Proposal) A solicitation asking for qualifications/approach, not just price — used almost interchangeably with IFB. In this app: what Pinley sends to its own vendor network, asking them to quote pieces of a job Pinley has already accepted from a GC.
SOV (Schedule of Values) The breakdown of the contract price into billable line items; drives progress billing (the "G703" form — a standard industry billing form).
Spec Section The part of the project specification a submittal belongs to (CSI format, e.g. "23 05 00"). Per-project.
Subcontractor / "sub" A specialist trade company (Pinley is one; Pinley also hires its own subs/vendors for parts of a job).
Submittal Product/material data sent to the architect for approval before purchase/install.
Submitted Price vs. Final Contract Value Two different fields on a Bid's outcome record — easy to conflate. Submitted Price is auto-filled from the bid's existing contract amount whenever an outcome (Lost/No-Bid/Withdrawn/Awarded) is recorded — nobody types it in. Final Contract Value only ever gets set by an actual Award — it stays empty for Lost/No-Bid/Withdrawn. Don't assume "final price" is captured just because a bid was marked Lost.
Takeoff Measuring quantities of materials/work off the construction drawings, manually or via AI extraction.
Takeoff Excel/CSV Import An alternative to measuring off drawings — imports an existing spreadsheet of quantities instead. Trade is a required field on every row; unmapped Trade correctly blocks the import before Preview.
Trade A category of construction work (Sheetmetal, Pipefitter, Plumbing, Electrical, etc.). Two separate lists exist: the big estimating catalog, and a separate 18-item field-labor list used in Daily Logs — don't confuse the two.
Vendor An organization tagged as a supplier/sub that Pinley buys from or invites to quote.

← Back to 01 — Product & Domain Primer