A glossary of terms with reference to Construction Cost Estimating
Construction Cost Estimating
JULY 1, 2014
It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity. Example: 223 in Boston / 187 in Austin = 1.19. These may include or exclude currency exchange rates. See also City cost index.
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