Computer · Estimation and Costing
An estimate prepared when the original sanctioned estimate is likely to be exceeded by more than 5% due to price escalation or change in specifications without major change in structural design is called a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rough cost estimate
- 2Supplementary estimate
- 3Revised estimate✓
- 4Detailed estimate
Correct answer
Revised estimate
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