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OHP

English translation: overhead premium (if the context allows)


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:OHP
English translation:overhead premium (if the context allows)
Entered by: Jonathan MacKerron
Options:
- Contribute to this entry
- Include in personal glossary

14:19 Dec 3, 2008
English to English translations [PRO]
Bus/Financial - Construction / Civil Engineering
English term or phrase: OHP
"Provisional sum items if any shall be charged with 15% OHP on the total landed invoiced amount."

"Nominated subcontractor’s work, if not priced in our BOQ, shall be charged at 15% OHP to cover coordination and supervision cost"

The text is a quote for building works in Bahrain.
LuciaC
Local time: 20:53
overhead premium
Explanation:
my guess
Selected response from:

Jonathan MacKerron
Local time: 21:53
Grading comment
Many thanks to everybody
4 KudoZ points were awarded for this answer



Summary of answers provided
1 +4overhead premium
Jonathan MacKerron
4over hire purchase(s)
manuel seixo


  

Answers


3 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +4
ohp
overhead premium


Explanation:
my guess

Jonathan MacKerron
Local time: 21:53
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Many thanks to everybody

Peer comments on this answer (and responses from the answerer)
agree  Ken Cox: sounds reasonable (a fancy term for markup...)
7 mins
  -> also thought it might some kind of tax or charge in Bahrain??

agree  Cristina Chaplin
15 mins
  -> thx

agree  Gary D: To Cover "Over Heads" Extra costs which may occur on the job. Maybe there could be some equipment that may be needed, So they top the price up by 15% to cover this just in case.
9 hrs

agree  Phong Le
10 hrs
Login to enter a peer comment (or grade)

10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
ohp
over hire purchase(s)


Explanation:
Be it goods or labour content.

manuel seixo
Australia
Local time: 05:23
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 4
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Changes made by editors
Dec 4, 2008 - Changes made by Jonathan MacKerron:
Created KOG entryKudoZ term => KOG term


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