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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.
The BCIS "Standard Form of Cost Analysis" (SFCA) remained an industry staple, largely unchanged, until the late 2000s. In 2012 the "New Rules of Measurement" for cost management throughout the construction process were accompanied by a modernised version of the SFCA. [1] In 2022, the BCIS was spun out of RICS. [2]
S-CALC - cross-sectional properties calculator. S-TIMBER - structural analysis and timber design. S-PAD - design and optimization of steel members. S-CONCRETE - section design and detailing tool for reinforced concrete beams, columns and walls. S-LINE - design and detailing of continuous reinforced concrete beams.
It must allow the architecture to work, and the building services to fit within the building and function (air conditioning, ventilation, smoke extract, electrics, lighting, etc.). The structural design of a modern building can be extremely complex and often requires a large team to complete. Structural engineering specialties for buildings ...
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 cost contingency which is included in a cost estimate, bid, or budget may be classified as to its general purpose, that is what it is intended to provide for. For a class 1 construction cost estimate, usually needed for a bid estimate, the contingency may be classified as an estimating and contracting contingency.
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