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Construction estimating software. 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.
Punch list. A punch list is a document prepared during key milestones or near the end of a construction project listing works that do not conform to contract drawings and specifications that the general contractor must correct prior to final payment. [1] The work may include incomplete or incorrect installations or incidental damage to existing ...
Cost estimate. 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 ...
A cost overrun, also known as a cost increase or budget overrun, involves unexpected incurred costs. When these costs are in excess of budgeted amounts due to a value engineering underestimation of the actual cost during budgeting, they are known by these terms. Cost overruns are common in infrastructure, building, and technology projects.
The LEA Form template is used to input the LEA-specific data, while the School Form template is used for entering school-specific information. The School Form template has columns for entering data for up to ten (10) schools. If an LEA has less than 10 schools, then the remaining columns can be left blank. An LEA with more than 10 schools may ...
Schools Record Spreadsheet (XLS) Instructions on the use of the above spreadsheet can be found in the Guide under Chapter 2.3 "Reviewing the Loan Record Detail Report." Incorrect Data Challenge/New Data Adjustment/Erroneous Data Appeal (XLS) Participation Rate Index (XLS) This is a blank version of the Participation Rate Index Appeal Spreadsheet.
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Uniformat is a standard for classifying building specifications, cost estimating, and cost analysis in the U.S. and Canada. The elements are major components common to most buildings. The system can be used to provide consistency in the economic evaluation of building projects. It was developed through an industry and government consensus and ...