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2. Chemical plant cost indexes - Wikipedia

   en.wikipedia.org/wiki/Chemical_plant_cost_indexes

   Chemical Engineering Index, CE: composed of 4 major components – for equipment and other bulk items, the others relevant to construction labor, buildings, and engineering and supervision – the index is employed primary as a process plant construction index, was established using a base period of 1957-1959 as 100. The CE Index is updated ...

3. The cost of these 5 construction materials grew the most in 2023

   www.aol.com/cost-5-construction-materials-grew...

   The analysis considered 30 products from the BLS Producer Price Index. The COVID-19 pandemic caused a 39.6% spike in overall input construction costs ... cost increases. Inflation has ...

4. Construction estimating software - Wikipedia

   en.wikipedia.org/wiki/Construction_estimating...

   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.

5. Cost estimate - Wikipedia

   en.wikipedia.org/wiki/Cost_estimate

   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.

6. List of price index formulas - Wikipedia

   en.wikipedia.org/wiki/List_of_price_index_formulas

   The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting. It is considered a pseudo-superlative formula and is symmetric. [12]

7. Glossary of construction cost estimating - Wikipedia

   en.wikipedia.org/wiki/Glossary_of_construction...

   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 ...

8. Price index - Wikipedia

   en.wikipedia.org/wiki/Price_index

   A price index (plural: "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time.

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