The Issues Associated with Using Location Factors and “national average” cost databases
Job Order Contracting
AUGUST 9, 2020
The accuracy of cost estimates in the early phases varies within an expected range that spans from -100% to +200% ” “Using the results of this study, various commercial entities (e.g., Unfortunately, the accuracy of program-wide CCIs occasionally led to swings of ±20 percent after projects had gone through the bidding process.
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