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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.
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.
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 ...
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 ...
August 2020) (Learn how and when to remove this message) Construction bidding is the process of submitting a proposal ( tender ) to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs .
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Robotic Hydrodemolition in Ystad, Sweden. Hydrodemolition of concrete exposing the rebar.. Hydrodemolition (also known as hydro demolition, hydroblasting, hydro blasting, hydromilling, waterblasting, and waterjetting) is a concrete removal technique which utilizes high-pressure water, often containing an abrasive material, to remove deteriorated and sound concrete as well as asphalt and grout.
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