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Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. 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 ...
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 ...
By 2018, the three-mile (4.8 km) extension was expected to cost $55 million: $20 million from Road Repair and Accountability Act funds, $30 million in Regional Measure 3 funds, and a $5 million federal grant. [52] By November 2019, the cost estimate had increased to $65 million with construction starting in 2020. [38]
Uniformat is a standard for classifying building specifications, cost estimating, and cost analysis in the U.S. and Canada. The elements are major components common to most buildings. The system can be used to provide consistency in the economic evaluation of building projects.
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 pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...
A culvert under the Vistula river levee and a street in Warsaw. Construction or installation at a culvert site generally results in disturbance of the site's soil, stream banks, or stream bed, and can result in the occurrence of unwanted problems such as scour holes or slumping of banks adjacent to the culvert structure.
Flood management is a broad term that includes measures to control or mitigate flood waters, such as actions to prevent floods from occurring or to minimize their impacts when they do occur.