Use time and location indices given is the table to prepare the conceptual cost estimate of a building with 62700 m² of floor area and location is city B. A similar type of building that cost Rs. 21,97,540 of area 38500 m² completed 2 years ago in city E. Estimate the probable cost of proposed buildings. Year construction 3 years ago 2 years ago 1 year ago Cost (million) 358 359 362 Cost index For city B = 1.24 E = 1.17

Use time and location indices given is the table to prepare the conceptual cost estimate of a building with 62700 m² of floor area and location is city B. A similar type of building that cost Rs. 21,97,540 of area 38500 m² completed 2 years ago in city E. Estimate the probable cost of proposed buildings. Year construction 3 years ago 2 years ago 1 year ago Cost (million) 358 359 362 Cost index For city B = 1.24 E = 1.17

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter16: Budget Estimating

Section: Chapter Questions

Problem 4RQ: Prepare a typical bay estimate based on the following information: a. Bay size of 350 feet and a...

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