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ASTM International - ASTM E2514-15(2020)

Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses

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Organization: ASTM International
Publication Date: 1 December 2020
Status: active
Page Count: 22
ICS Code (Trade. Commercial function. Marketing): 03.100.20
significance And Use:

5.1 Significance:

5.1.1 The application of elements (see 3.1.1 and Terminology E833) to the description and the summary and analysis of building construction cost provides a consistency,... View More

scope:

1.1 This practice covers the concurrent use of relevant ASTM standards for the preparation of elemental cost estimates, summaries, and analyses and specifically their presentation in a concise, consistent, and logical manner.

1.2 While the style and directions use construction terms applied to buildings, the principles apply equally well to other forms of construction where appropriate elemental classifications exist.

1.3 This practice is not an estimating manual, nor is it a guide to the skills and knowledge required of an estimator or other cost professional.

Note 1: The skills and knowledge acquired by a trained and experienced estimator are essential to the successful application of any elemental presentation format. They are the foundation of any estimate and the underpinning knowledge required when applying the elemental technique.

1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

1.5 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

Document History

ASTM E2514-15(2020)
December 1, 2020
Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
5.1 Significance: 5.1.1 The application of elements (see 3.1.1 and Terminology E833) to the description and the summary and analysis of building construction cost provides a consistency,...
May 1, 2015
Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
5.1 Significance: 5.1.1 The application of elements (see 3.1.1 and Terminology E833) to the description and the summary and analysis of building construction cost provides a consistency,...
May 1, 2008
Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
Significance: The application of elements (see 3.2.1 and Terminology E 833 ) to the description and the summary and analysis of building construction cost provides a consistency, commonality, and...
November 15, 2006
Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
1.1 This practice covers the concurrent use of relevant ASTM standards for the preparation of elemental cost estimates, summaries, and analyses and specifically their presentation in a concise,...
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