AACEI definition
Examples of AACEI in a sentence
The developed 65% Engineer’s Estimate shall be classified as Class 3 in accordance with the Association for the Advancement of Cost Engineering International’s (AACEI) cost estimate classification system.
Cost estimate shall be a detailed AACEI Class 1 Engineer’s Opinion of Construction Cost.
The developed OPCC will be classified as Class 5 in accordance with the Association for the Advancement of Cost Engineering International’s (AACEI) cost estimate classification system (RP 69R-12).
Cost estimate shall be a detailed AACEI Class 2 Engineer’s Opinion of Construction Cost.
Cost estimate shall be a detailed Association for the Advancement of Cost Engineering International (AACEI) Class 3 Engineer’s Opinion of Construction Cost.
The developed 95% Engineer’s Estimate shall be classified as Class 3 in accordance with the Association for the Advancement of Cost Engineering International’s (AACEI) cost estimate classification system.
Construction cost estimates consistent with AACEI Recommended Practice Nos.
Phase 620: Draft Construction Cost Estimate (Intermediate Design) This task includes preparation of a Class 3 opinion of probable construction cost (OPCC), as defined by the Association for the Advancement of Cost Engineering International (AACEI) based on the intermediate design basis subdivided by process area and by major engineering disciplines.
Phase 640: 90% Cost Estimate This task includes preparation of a Class 1 opinion of probable construction cost (OPCC), as defined by the Association for the Advancement of Cost Engineering International (AACEI) based on the intermediate design basis subdivided by process area and by major engineering disciplines.
Deliverables: • Preliminary Design Documents • Phase 2 scope of work, schedule, and budget DocuSign Envelope ID: 3F9D22AF-E29C-449A-9B6E-436E58F9B480 Task 440: Preliminary Cost Estimate Activities: • Develop a Class 4 opinion of probable construction cost (OPCC), as defined by the Association for the Advancement of Cost Engineering International (AACEI).