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Construction estimating software. 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.
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.
History. BCIS was set up in 1961 to provide the profession with cost information in elemental format and to promote the use of elements and of elemental cost planning. The BCIS "Standard Form of Cost Analysis" (SFCA) remained an industry staple, largely unchanged, until the late 2000s. [citation needed] In 2012 the "New Rules of Measurement ...
The average cost to build a house is $150 per square foot, but can cost upwards of $500 in larger cities like New York City or San Francisco. "The size and type of house you choose to build will ...
Nationally on average, it can take six months to a year to build a house, with the average cost being around $114,256 to $488,983. ... Construction manager cost: 5% to 15% of the total project ...
Bill of quantities. 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 ...
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