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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 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 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.
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Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] "Cost Engineers budget, plan and monitor investment projects.
Waffle slab foundations adhere to International Building Code requirements. By 2008, most states put into effect the changes adopted in the 2006 IBC and, in regards to foundations, the on-grade mat foundation has become a more attractive design because, as an engineered system, it already accommodates the 2008 design recommendations, and required no major modifications to bring it into compliance.
A typical diesel truck costs about $120,000. In recent months manufactures of electric big rigs raised their prices to as much as $450,000 to $500,000. Even those are scarce — many buyers are on ...
A Civil estimator is a construction professional who bids on civil projects that have gone to tender. Civil estimators typically have a background in civil engineering , construction project management , or construction supervision .