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A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works.
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost estimator is the professional who prepares cost estimates.
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Queensland Children's Hospital: Brisbane Australia: Conrad Gargett Lyons: Queensland Government: 2014 1.59 (2.2 AU$) 1.82 Bellagio: Las Vegas United States: DeRuyter Butler and Atlandia Design Bellagio (MGM Resorts International is the owner of the company) 1998 1.60 2.66 Seat of the ECB: Frankfurt Germany: Coop Himmelb(l)au: European Central ...
A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized.It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding.
Regulation and licensure in engineering is established by various jurisdictions of the world to encourage life, public welfare, safety, well-being, then environment and other interests of the general public [1] and to define the licensure process through which an engineer becomes licensed to practice engineering and to provide professional services and products to the public.
An EIA is prepared to estimate the effects of a proposed development or construction project. EIA provides technical evaluations that are intended to contribute to more objective decision making. In the United States, EIA obtained formal status in 1969, with the enactment of the National Environmental Policy Act (NEPA). EIAs have been used ...