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In the construction industry, the 1:5:200 rule (or 1:5:200 ratio) is a rule of thumb that states that: . If the initial construction costs of a building is 1, then its maintenance and operating costs over the years is 5, and the business operating costs (salary of people working in that building) is 200.
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The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
4.06 [14] [15] 4.49 Suntec City: Singapore Singapore: I. M. Pei with DP Architects and Tsao & McKown Architects: Suntec REIT 1997 3.81 [16] 3.81 One World Trade Center: New York City United States: Skidmore, Owings & Merrill: The Port Authority of New York and New Jersey: 2012 3.80 [17] 4.49 Marina Bay Financial Centre: Singapore Singapore
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 ...
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The Classification of types of construction (CC), is a nomenclature for the classification of constructions (i.e. buildings) according to their type. It is based on the CPC that was published by the United Nations in 1991. Its final version was approved in 1997. [1] [2]