A rule of thumb used in estimating is drawn from design or practical I did a check estimate for a multi-storied building (new construction) and.
terms, a construction estimate is simply a projection of the likely cost of a project based on .. Permit Fees (Rule-of-thumb 1% or higher direct construction costs).
Thumb rule for estimating the Concrete Volume with respect to the area: Shuttering costs is taken as 15-18% of the total construction of the.
PE = 8.0% of Construction Estimate for New Construction (Consultant Design). General Rules of Thumb for Mid Level Estimates. ▫ PE = 0.5% of.