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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.
Excavation may be classified by type of material: [1]: 13.1 Topsoil excavation; Earth excavation; Rock excavation; Muck excavation – this usually contains excess water and unsuitable soil; Unclassified excavation – this is any combination of material types; Excavation may be classified by the purpose: [1]: 13.1, 13.2
A mass haul diagram where land and rock cuts are hauled to fills Fill construction in 1909 Cut & Fill Software showing cut areas highlighted in red and fill areas shaded in blue. In earthmoving , cut and fill is the process of constructing a railway , road or canal whereby the amount of material from cuts roughly matches the amount of fill ...
City cost index - see: Location cost index. RSMeans publishes a city cost index table. [3] Construction is a process that consists of the creation, modification, or demolition of facilities, buildings, civil and monumental works, and infrastructure. Construction cost - the total cost to construct a project. This value usually does not include ...
In archaeology, excavation is the exposure, processing and recording of archaeological remains. [1] An excavation site or "dig" is the area being studied. These locations range from one to several areas at a time during a project and can be conducted over a few weeks to several years.
In archaeology, spoil is the term used for the soil, dirt and rubble that results from an excavation, and discarded off site on spoil heaps. These heaps are commonly accessed by barrow runs . Spoil management
A spoil tip (also called a boney pile, [1] culm bank, gob pile, waste tip [2] or bing) [3] is a pile built of accumulated spoil – waste material removed during mining. [4] Spoil tips are not formed of slag , but in some areas, such as England and Wales , they are referred to as slag heaps .
Revenues and gross profit are recognized each period based on the construction progress, in other words, the percentage of completion. Construction costs plus gross profit earned to date are accumulated in an asset account (construction in process, also called construction in progress), and progress billings are accumulated in a liability account (billing on construction in process).