Bank Cubic Meter definition
Bank Cubic Meter or "BCM" means a measure of volume of one cubic meter for excavation and payment purposes and is intended to be the volume of the original rock in situ prior to blasting and excavation, as determined by Owner using generally accepted survey methods.
Examples of Bank Cubic Meter in a sentence
Measurement of the volume of Ore and Waste excavated for purposes of establishing Work performed by Contractor shall be by Bank Cubic Meter (BCM) determined by field surveys completed as of the first working day of each calendar month.