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The Building Cost Information Service (BCIS) provides cost and price data for the UK construction industry. Founded as part of the Royal Institution of Chartered Surveyors (RICS), it is now a standalone company.
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 ...
Elemental cost planning is a system of Cost planning and Cost control, typically for buildings, which enables the cost of a scheme to be monitored during design development.
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.
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.
In 2012, RIB made three acquisitions: firstly, it purchased Memphis, Tennessee, United States-based estimating software business, MC². [5] Secondly, on 30 September it announced that it had taken a majority stake in Sydney , Australia–based project management software company, ProjectCentre. [ 6 ]
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The Sage Group plc, commonly known as Sage, is a British multinational enterprise software company based in Newcastle upon Tyne, England.As of 2017, it is the UK's second largest technology company, [3] the world's third-largest supplier of enterprise resource planning software (behind Oracle and SAP), the largest supplier to small businesses, and has 6.1 million customers worldwide. [4]
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