Valuation in Civil Engineering

Valuation in Civil Engineering

1.1 Introduction Valuation is the technique of estimating or determining the fair price or value of a property such as building, factory, other engineering structure of various types of land etc. 1.2 Purpose of valuation 1.3 Terms used in valuation 1. Value and cost 2. Book value 3. Assessed value 4. Distressed value or forced … Read more

Rate Analysis in Civil Engineering

rate-analysis-in-civil-engineering

1.1 Introduction 1.2 Purpose of Rate Analysis 1.3 Importance of Rate Analysis 1.4 Requirement of Rate Analysis 1.5 Factors affecting Rate Analysis References:

Types of Estimates in Civil Engineering

Types of Estimates in Civil Engineering

1.1 Approximate Estimates Types: a. Unit rate estimate: b. Plinth area estimate: c. Cubic rate estimate: 1.2 Detailed Estimate Factors to be considered for preparation of detail estimate: 1.3 Revised Estimate 1.4 Supplementary Estimate It is also a detailed estimate and is prepared when additional work is required to supplement the original work. 1.5 Annual … Read more