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A popular coding system which can be applied to construction cost estimates is MasterFormat.
Monaghan said in 2012 that Ave Maria's construction cost estimates doubled over three years, requiring the university to cut back on planned buildings.
Officials do not yet have construction cost estimates, but compared with other commuter projects, the changes would be relatively cheap, because no new rail construction is required.
For a class 1 construction cost estimate, usually needed for a bid estimate, the contingency may be classified as an estimating and contracting contingency.
City housing officials were skeptical of Mr. Aarons's construction cost estimates, but they said they found the idea of mid-rise apartments appealing.
And none of these central concerns had been modelled or costed; a senior member of the Government's appraisal team said: "The construction cost estimates were entirely fanciful at $2 [billion] to $2.5 billion.
Each agency has a contracting officer - for example, for the Division of Building and Construction, it's the state architect and the director - who puts in a request for a building and a construction cost estimate.
While spreadsheets are relatively easy to master and provide a means to create and report a construction cost estimate and or cost models, their benefit comes largely from their ability to partially relieve estimators of mundane calculations.
B1 Money Woes at Ground Zero Several directors of the Lower Manhattan Development Corporation expressed concern that with construction cost estimates rising, the performing arts center at the World Trade Center site might get squeezed.
Construction cost estimates were inconsistent: a Time magazine article (September 5, 1960) quotes Standhardt as estimating the costs at ten percent above the cost of an average above-ground school, while Loretta Hall in Underground Buildings: More than Meets the Eye suggests a cost at thirty percent.