out-turn cost

out-turn cost (Brit.)

The final cost of a building project.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
"In aggressively competitive markets, the lowest tender price may not deliver the lowest out-turn cost, so it's important to take a balanced approach to assessment."
"Government will be looking for most effective out-turn cost, and I'd concur wholeheartedly that the best value is about delivering the right project with the right solution, including all the environmental criteria, but at the optimum cost."
For example, the out-turn cost of three first school, new-build extensions came out at on average 21pc below Department for Education and Skills cost yardsticks.
He says: "Added benefits can be certainty of out-turn cost, more accurate programming and shorter lead-in periods.
All this results in the self-satisfied prophecies by commentators who imagine they are being wise in predicting that out-turn costs will be much higher than the original prediction.