Preliminary estimate

Also found in: Financial.

Preliminary estimate

Project costs prepared by the architect during the development phase for the guidance of the owner.

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.
References in periodicals archive ?
The company went on to say that, "This preliminary estimate is based upon an analysis of claims already reported and projected to be reported, estimated values of properties in the affected areas, estimates of damage resulting from wind and other perils, including flooding to the extent covered by applicable policies, and other factors requiring considerable judgment.
7, as data on core private-sector machinery orders in May, announced after the release of the preliminary estimate on July 6, showed the first decrease in three months, the Cabinet Office said.
Preliminary estimates put the additional cost for lining the ponds at $30 million, but better estimates won't be known until a design is completed, official said.
Certain matters discussed in this release are forward-looking statements, including but not limited to our preliminary estimate of after-tax losses from Hurricane Katrina and its impact on our third-quarter results.
The $10,000 preliminary estimate of materiality was then allocated proportionately, cash and securities 5.
For any month, the difference between the first revised estimate and the preliminary estimate is the first revision.
It raised the composite index of coincident economic indicators from a preliminary estimate of 92.
While the final report of the results of Phase I of the field development study will not be available for approximately two weeks, Schlumberger has advised the Company that the results of the preliminary estimate of gas in place indicate that the field may contain as much as twenty - one (21) trillion cubic feet of CO(2).
s preliminary estimate is about $25 million, after reinsurance and tax recoveries.
11 /PRNewswire/ -- Policy Management Systems Corporation (NYSE: PMS) today reported that it is releasing a preliminary estimate of its earnings per share of between $.
74% for 1999, though the preliminary estimate for 2000 shows a sharp increase.
In other news, Jack Golsen, Board Chairman, commented that LSB's preliminary estimate of consolidated sales for calendar year 2006 is $491 million, up 23.

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