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The most basic element of a cost estimate and therefore the cost database is the estimate line item or work item. [3] An example is "Concrete, 4000 psi (30 MPa)," which is the description of the item. In the cost database, an item is a row or record in a table (of items) and the description is a column or field for that record.
They are developed by an estimator during the pre-construction phase. This process includes breaking the project down into smaller and more manageable units that are easier to measure or estimate. The level of detail required for measurement may vary. [1] These measurements are used to format a bid on the scope of construction.
To compare each estimator tool below, we’ll use the same example property and run it through each tool to see how the results compare. Our example property is 303 Willowcrest Drive, a 4-bedroom ...
A retaining wall made of modular precast concrete blocks. Precast concrete is employed in a wide range of engineered earth retaining systems. Products include commercial and residential retaining walls, sea walls, mechanically stabilized earth panels, and other modular block systems. [9]
A basement wall is thus one kind of retaining wall; however, the term usually refers to a cantilever retaining wall, which is a freestanding structure without lateral support at its top. [2] These are cantilevered from a footing and rise above the grade on one side to retain a higher level grade on the opposite side.
The cost of building a house varies by country widely. According to data from the National Association of Realtors , the median cost of buying an existing single-family house in the United States is $274,600, whereas the average cost to build is $296,652.
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