Construction cost

construction cost

[kən′strək·shən ‚kȯst]
(industrial engineering)
The total costs, direct and indirect, associated with transforming a design plan for material and equipment into a project ready for operation.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

Construction cost

The cost of all of the construction portions of a project, generally based upon the sum of the construction contracts and other direct construction costs. Not included is compensation for professional services, land, rights of way, or other costs, specified as the responsibility of the owner outlined in the contract.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

construction cost

The cost of all the construction portions of a project, generally based upon the sum of the construction contract(s) and other direct construction costs; does not include the compensation paid to the architect and consultants, the cost of the land, right-of-way, or other costs which are defined in the contract documents as being the responsibility of the owner.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
When calculating the Construction Cost Index, the prices of building materials submitted by enterprises for the calculation of producer price indices in industry and import price index are also used.
Abu Dhabi's construction cost index decreased by 0.8 per cent during the first quarter compared to last year, according to Statistics Centre - Abu Dhabi (SACD).
Later on from 2010 to 2013, no funds were issued for this college and in 2014 construction cost increased by Rs 5, 16, 48, 000.
Later on, from 2010 to 2013, no funds were issued and in 2014, the construction cost increased by Rs5,16,48,000.Out of Rs 5,16,48,000, the government of that time issued funds of only Rs2,76,00,000 and again no funds were issued in the next year taking the total cost up to Rs 5,68,00,000.
RAMALLAH, August 26, 2018 (WAFA) -- The Construction Cost Index (CCI) for residential buildings in the West Bank reached 105.87 with a slight decrease of 0.06% during July 2018 compared with June 2018 (base year 2013 = 100), according to the Palestinian Central Bureau of Statistics (PCBS).
Kalpesh Kinariwala, founder and group CEO, Pantheon Group, said the construction cost has increased by 2 to 3 per cent this year compared to last year due to the increase in steel prices and due to impact of higher oil prices on real estate investments in this region.
M2 EQUITYBITES-December 6, 2017-Gordians Acquires 4Clicks Solutions to Boost Construction Cost Solution Portfolio
FHWA recently released the first National Highway Construction Cost Index (NHCCI) published since the agency made major methodological revisions to improve its accuracy.
But that rate is expected to slow, with average construction costs falling by 3.9% next year, the firm forecasts in its KSA Construction Cost Benchmarking and Forecasting update.
Total construction cost (excluding land): $5.8 million
The construction cost indices for new residential buildings are intended for reviewing or monitoring costs incurred by a construction company in the execution of the construction process of building new residential buildings.
The ARCADIS International Construction Cost report revealed that currency fluctuations and commodity prices, coupled with an increasing demand for development in many recovering economies, have affected global construction costs over the last 12 months.

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