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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 ...
A percentage is typically added to neat volume to estimate loose (i.e. uncompacted) volumes for procurement purposes. With concrete work, neat volume is calculated assuming there is no bowing in the formwork , or, for cast-in-place concrete, that the surfaces in contact with the concrete have no voids or imperfections that would require a ...
The cost contingency which is included in a cost estimate, bid, or budget may be classified as to its general purpose, that is what it is intended to provide for. For a class 1 construction cost estimate, usually needed for a bid estimate, the contingency may be classified as an estimating and contracting contingency.
For a small to medium project, the cost and time of hiring mixing equipment, labour, plus purchase and storage for the ingredients of concrete, added to environmental concerns (cement dust is an airborne health hazard) [10] may simply be not worthwhile when compared to the cost of ready-mixed concrete, where the customer pays for what they use ...
In civil engineering, concrete leveling is a procedure that attempts to correct an uneven concrete surface by altering the foundation that the surface sits upon. It is a cheaper alternative to having replacement concrete poured and is commonly performed at small businesses and private homes as well as at factories, warehouses, airports and on roads, highways and other infrastructure.
The test is carried out using a metal mould in the shape of a conical frustum known as a slump cone or Abrams cone, that is open at both ends and has attached handles.The tool typically has an internal diameter of 100 millimetres (3.9 in) at the top and of 200 millimetres (7.9 in) at the bottom with a height of 305 millimetres (12.0 in).The cone is placed on a hard non-absorbent surface.
Cost estimation in software engineering is typically concerned with the financial spend on the effort to develop and test the software, this can also include requirements review, maintenance, training, managing and buying extra equipment, servers and software. Many methods have been developed for estimating software costs for a given project.
The cyclically adjusted price-to-earnings ratio, commonly known as CAPE, [1] Shiller P/E, or P/E 10 ratio, [2] is a stock valuation measure usually applied to the US S&P 500 equity market.
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