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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 ...
RIB also developed software for tendering, awarding, accounting, calculation, and construction management. 2004–2010: International Expansion & Launch of iTWO [ 2 ] In 2004, RIB established an international R&D center in Guangzhou, China.
In November 2010, CSI acquired Building Systems Design (BSD) to help advance software tools for specifications development and communication of building information across the building team. [2] [3] BSD is a software firm that is a leading developer of commercial master specifications and construction cost estimating software. BSD is involved ...
Uniformat is a standard for classifying building specifications, cost estimating, and cost analysis in the U.S. and Canada. The elements are major components common to most buildings. The system can be used to provide consistency in the economic evaluation of building projects.
B2W Software (formerly known as Bid2Win Software) [2] is based in Portsmouth, New Hampshire, and develops specialized software for heavy construction contractors to manage construction estimating and bidding, field tracking and analysis, equipment maintenance, resource scheduling and dispatching and eForms and reporting.
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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