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COST ESTIMATING 101 :A Detailed Guide

STEPS FOR CONSTRUCTION ESTIMATION Construction cost estimates have different purposes depending on who performs the calculation. For example, an engineering firm estimates costs to be used as a guide for construction and bidding. Contractors, on the other hand, provide cost estimates where they aim for a competitive price while achieving a reasonable profit. Cost estimates […]

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COST ESTIMATING 101 :A Detailed Guide

STEPS FOR CONSTRUCTION ESTIMATION Construction estimation basically means developing the budget for building projects such as the construction of a single house, residential housing developments or commercial buildings and sites.  what cost estimating involves: Identifying All The Costs Involved: This includes direct costs like materials and labor, as well as indirect costs like overhead and

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