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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.
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 ...
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
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
Excavation of Olive Mount cutting, Liverpool. Watercolour by T.T.Bury (1833) The cutting was 20 ft (6.1 m) wide and 70 ft (21.3 m) deep. Construction required the removal of 480,000 cubic yards (370,000 m 3) of sandstone. Olive Mount cutting, Liverpool, England; Talerddig cutting, Wales
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 .
Overburden at a coal mining site. In mining, overburden (also called waste or spoil) is the material that lies above an area that lends itself to economical exploitation, such as the rock, soil, and ecosystem that lies above a coal seam or ore body.
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.