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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 ...
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 ...
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 Association's mission statement is: "Our mission since 1919 has been to ensure that the engineered wood crosstie system continues to evolve and improve in order to remain cost-effective and to meet the ever-changing requirements of track systems around the world." [3]
The Sunrise Ruby [1] [2] [3] has been the world's most expensive ruby, most expensive coloured gemstone, and most expensive gemstone other than a diamond [2] [3] [4] until the discovery of the Estrela de Fura. Originally mined in Myanmar, its current name is derived from a poem of the same name, written by the 13th-century Sufi poet Rumi. [5]
Timber sleepers were expensive and not durable, and the railways’ engineers had strong—and conflicting—views about the best wood species and the best preservative treatments. The railways moved towards standardisation on a softwood sleeper preserved by pressure injection of creosote , measuring 8 ft 6 in (2.59 m) long by 10 in (250 mm) by ...
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