Computer · Estimation and Costing
A construction company is preparing to bid for a large infrastructure project. The initial design phase is complete, but detailed engineering drawings are not yet available. Based on available information like area, volume, and preliminary specifications, the company prepares an estimate. Which type of cost estimate is the company likely to use?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Quantity Survey Estimate
- 2Detailed Estimate
- 3Bid Estimate
- 4Preliminary Estimate✓
Correct answer
Preliminary Estimate
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