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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 ...
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 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 ...
The estimate of asbestos liabilities was promptly revised to $752 million in 2002 and then $1.58 billion in 2003. [33] The funding shortfall became of increasing concern in 2004 as it became clear that eligible victims would miss out on receiving compensation after it was revealed that in March 2003 James Hardie had cancelled the partly paid ...
Cement board has very little movement under thermal stress, but the boards are usually installed with a slight gap at joints in shower pans, bathtubs, and each other. These joints are then filled with silicone sealant or the manufacturer's taping compounds before applying a finish. The filled joints are taped like conventional gypsum board, but ...
A mud and stud wall in Tumby Woodside, Lincolnshire "Mud and stud" is a similar process to wattle and daub, with a simple frame consisting only of upright studs joined by cross rails at the tops and bottoms. Thin staves of ash were attached, then daubed with a mixture of mud, straw, hair and dung. The style of building was once common in ...
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