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Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract.
The costs which are applied to the line-item quantities may come from a cost book (either internal or external) or cost database. For construction contractors or construction managers it is important to track and compile past data of trends, completed projects, production factors, equipment changes, and various labor markets. [32] Sample labor ...
The National Access and Scaffolding Confederation (NASC) is a United Kingdom construction trade association representing companies involved in scaffolding and access work. Founded in 1945, the NASC represents its sector as a member of Build UK (formerly UK Contractors Group). [citation needed] It is also a member of the Trade Association Forum. [1]
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
Equipment - (1) a category of cost for organizing and summarizing costs, (2) construction equipment used to execute the project work, (3) engineered equipment such as pumps or tanks. Escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period. In estimates, escalation is an allowance to ...
A 2008 incident involving a scaffold collapse 47 floors over Manhattan, which occurred only months after Tractel repaired the faulty equipment, resulted in the death of one of two window washers ...
Scaffolding for rehabilitation in Madrid, Spain [1] Scaffolding for renovation on the Virgin Mary statue, Santiago de Chile, Chile.. Scaffolding, also called scaffold or staging, [2] is a temporary structure used to support a work crew and materials to aid in the construction, maintenance and repair of buildings, bridges and all other human-made structures.
Cost plus fee: This contract provides payment for the contractor including the total cost of the project as well as a fixed fee or percentage of the total cost. This contract is beneficial to the contractor since any additional costs will be paid for, even though they were unexpected for the owner.