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Construction began in January 2016 and was completed in December 2023. [12] The Link was built in two phases over a total of 16 days without disruption to the four lanes of live traffic below. [ 13 ] Phase one involved the placement of a steel structure weighing over 8,500 tonnes, which was lifted into position over 12 days using specialized ...
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. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...
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 ...
The U.S. Government Accountability Office (GAO) defines a cost estimate as "the summation of individual cost elements, using established methods and valid data, to estimate the future costs of a program, based on what is known today". The GAO reports that "realistic cost estimating was imperative when making wise decisions in acquiring new ...
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.
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Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world.
Dubai Creek Tower (Arabic: برج خور دبي) is a proposed supported observation tower [4] to be built in Dubai, United Arab Emirates. The preliminary cost of the tower was estimated at AED 3.67 billion. [2] It was expected to be completed in 2021 at the earliest, but tower construction was put on hold at the start of the COVID-19 pandemic ...