Preliminary estimate

Also found in: Financial.

Preliminary estimate

Project costs prepared by the architect during the development phase for the guidance of the owner.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

statement of probable construction cost

Cost forecasts prepared by the architect during the schematic design, design development, and construction documents phases of basic services for the guidance of the owner.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Net exports - or exports minus imports - contributed 0.1 percentage point, also unchanged from the preliminary estimate.
In December 2015, the 2nd Preliminary Estimate for Japan's real GDP growth rate for the third quarter of fiscal 2015 was announced to be an annualized 1.0%, and because this showed a significant upward revision from the negative 0.8% as released in the 1st Preliminary Estimate, there was wide coverage in the media.
Real GDP growth was revised up from 3.4 percent (annualized rate) in the advanced report, to 4.0 percent in the preliminary estimate. Unfortunately, that may be unsustainable, as the Blue Chip Panel of Economists expects growth to fall back under 3 percent well into next year.
Real gross domestic purchases increased 3.0 percent, 0.1 percentage point less than the preliminary estimate; in the second quarter, this measure increased 6.5 percent.
Actual losses may differ materially from this preliminary estimate.
The better-than-expected figures fuelled hopes that the UK's double-dip recession may not be quite as deep as previously thought, after the ONS's preliminary estimate for second quarter GDP showed a shock 0.7% decline.
That "preliminary estimate is more likely to rise than to drop," he says in the February CONSERVATION BIOLOGY.
2012, so they can prepare the groundwork for the first tender for small scale electricity generators using renewable resources, "Reyes said, adding that there is a preliminary estimate of between 20 and 40 small plants in the country, including those using hydroelectricity and biomass, specifically sugar cane bagasse.
Nair, Secretary General of Confederation of Indian Textile Industry, this is a preliminary estimate for the forthcoming season.
The government on Tuesday revised slightly downward Japan's composite index of leading indicators for May, which predicts economic conditions some six months ahead, from a preliminary estimate released earlier this month.
GDP rose a seasonally adjusted 2.5 percent, compared with a preliminary estimate of 2.6 percent and a revised decline of 0.5 percent in the third quarter, said the Tallinn-based statistics office.

Full browser ?