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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 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 ...
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The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP:
A driveway (also called drive in UK English) [1] is a private road for local access to one or a small group of structures owned and maintained by an individual or group. Driveways rarely have traffic lights , but some may if they handle heavy traffic, especially those leading to commercial businesses or parks.
Bitumen, also known as "liquid asphalt cement" or simply "asphalt", a viscous form of petroleum mainly used as a binder in asphalt concrete; Asphalt concrete, a mixture of bitumen with coarse and fine aggregates, used as a road surface; Asphalt may also refer to: Asphalt, a German silent film by Joe May
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The pavement condition index (PCI) is a numerical index between 0 and 100, which is used to indicate the general condition of a pavement section.The PCI is widely used in transportation civil engineering [1] and asset management, and many municipalities use it to measure the performance of their road infrastructure and their levels of service. [2]