Validity of a Construction Cost Estimate – Public Sector
Job Order Contracting
MAY 4, 2023
The cost estimate should be detailed, i.e. line item, and presented in a clear, standardized manner. Contingencies should be expressed in terms that can be easily presented to and understood by the public. utility, railroad) costs. As such, it should include all costs and the value of any resources needed to complete the work.
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