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Other boilermakers might work seasonally or on an individual project such as re-fitting a boiler in a seagoing vessel or remodeling a steam plant. Boiler repair can be a high-value, high-cost service since even the smallest steam boilers for dry cleaners and tailors can cost upwards of $20,000 to replace. [citation needed]
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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.
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
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 ...
The energy cost of heating is one of the main costs of operating a building in a cold climate. Some central heating plants can switch fuels for reasons of economy and convenience; for example, a home owner may install a wood-fired furnace with electrical backup for occasional unattended operation.
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