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  2. Cut and fill - Wikipedia

    en.wikipedia.org/wiki/Cut_and_fill

    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 ...

  3. Cost basis - Wikipedia

    en.wikipedia.org/wiki/Cost_basis

    Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.

  4. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    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 ...

  5. Isocost - Wikipedia

    en.wikipedia.org/wiki/Isocost

    The cost-minimization problem of the firm is to choose an input bundle (K,L) feasible for the output level y that costs as little as possible. A cost-minimizing input bundle is a point on the isoquant for the given y that is on the lowest possible isocost line. Put differently, a cost-minimizing input bundle must satisfy two conditions:

  6. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    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 ...

  7. IS–LM model - Wikipedia

    en.wikipedia.org/wiki/IS–LM_model

    Starting from one point on the aggregate demand curve, at a particular price level and a quantity of aggregate demand implied by the IS–LM model for that price level, if one considers a higher potential price level, in the IS–LM model the real money supply M/P will be lower and hence the LM curve will be shifted higher, leading to lower ...

  8. Cut (earthworks) - Wikipedia

    en.wikipedia.org/wiki/Cut_(earthworks)

    The former permits passage of a transportation route alongside of, or around a hill, where the slope is transverse to the roadway or the railway. A sidehill cut can be formed by means of sidecasting, i.e., cutting on the high side balanced by moving the material to build up the low side to achieve a flat surface for the route.

  9. Grading (earthworks) - Wikipedia

    en.wikipedia.org/wiki/Grading_(earthworks)

    Section through railway track and foundation showing the sub-grade. Grading in civil engineering and landscape architectural construction is the work of ensuring a level base, or one with a specified slope, [1] for a construction work such as a foundation, the base course for a road or a railway, or landscape and garden improvements, or surface drainage.