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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 ...
B2W Software (formerly known as Bid2Win Software) [2] is based in Portsmouth, New Hampshire, and develops specialized software for heavy construction contractors to manage construction estimating and bidding, field tracking and analysis, equipment maintenance, resource scheduling and dispatching and eForms and reporting.
The cost database may be stored in relational database management system, which may be in either an open or proprietary format, serving the data to the cost estimating software. The cost database may be hosted in the cloud. Estimators use a cost database to store data in structured way which is easy to manage and retrieve. [2]
Shortly afterwards, the first finite element program (FEM) was applied in the German construction industry for plates, discs, and folding units. 1979 [2] In 1979, RIB launched its first program system, IDEALOG for AVA and cost estimation. It was used for all public construction administrations of the federal and state governments.
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 ...
[2] [3] BSD is a software firm that is a leading developer of commercial master specifications and construction cost estimating software. BSD is involved in the development and maintenance of several of CSI format documents including MasterFormat , UniFormat , and OmniClass , all of which relate to specifications and cost estimating.
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