Class 3 Cost Estimate definition

Class 3 Cost Estimate means an estimate within an expected accuracy within -20% to
Class 3 Cost Estimate means an estimate with an expected accuracy range within - 20% to +30%. This is estimate is typically associated with the preliminary design level of definition;
Class 3 Cost Estimate means a cost estimate with an expected accuracy within -20% to

More Definitions of Class 3 Cost Estimate

Class 3 Cost Estimate means an estimate with an expected accuracy of -20% to +30%;
Class 3 Cost Estimate means a cost estimate prepared by a Quantity Surveyor, with an accuracy of -20% to +30%.
Class 3 Cost Estimate means preliminary estimates (expected level of accuracy of +30% to
Class 3 Cost Estimate means an opinion of probable cost determined using the Association for the Advancement of cost Engineering (AACE) International Recommended Practices 1 7R-97, 1 8R-97 & 56R-O8;