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A cost estimate is the approximation of the cost of a program, project, or operation. 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 ...
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Trex Company, Inc. is a manufacturer of wood-alternative composite decking, railing, and other outdoor items made from recycled materials. [6] Headquartered in Winchester, Virginia, Trex is the world's largest manufacturer of wood-alternative decking and railing. [7] Trex composite products are made of 95% recycled materials.
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 ...
Jul. 21—The only bid for construction of a downtown Decatur parking deck was almost $4 million more than original projections, but an architect says added features caused much of the increase ...
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