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The final cost for the tunnel's construction came to around £9.5 billion, roughly double TML's original estimate of £4.7 billion. [8] [9] This overrun has been attributed, in part, as a response to enhanced safety, security, and environmental demands. [10] Financing costs were 140% higher than forecast. [11]
Tamale International Airport (IATA: TML, ICAO: DGLE) is an airport serving Tamale, a city in the Northern Region of Ghana. It was established in December 1940 serving as the landing of military troops during the World War II .
In October 1986 Eurotunnel was partially floated and the contractors and banks no longer exercised control over the company. Beginning in 1987 relations between TML and Eurotunnel deteriorated, with significant and increasingly public rows erupting over cost and programme management. With the completion of the Channel Tunnel TML ceased to exist.
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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 ...
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 ...
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.
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