Class 5 Cost Estimate definition
Class 5 Cost Estimate means an estimate with an expected accuracy range within -50% to +100%. This is estimate is typically associated with the conceptual design level of definition;
Class 5 Cost Estimate means an estimate with an expected accuracy within -50% to
Class 5 Cost Estimate means a cost estimate performed at conceptual level with an expected accuracy range of -50% to +100%;
Examples of Class 5 Cost Estimate in a sentence
The estimates will be prepared to Class 5 Cost Estimate Levels based on the definition provided by the Association for the Advancement of Cost Engineering (AACE) International Recommended Practice No. 18R-97.
These Costs Opinions will be prepared to Class 5 Cost Estimate Levels based on the definition provided by the Association for the Advancement of Cost Engineering (AACE) International Recommended Practice No. 18R-97.