ASTM - E2514
Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
|Publication Date:||1 May 2015|
|ICS Code (Trade. Commercial function. Marketing):||03.100.20|
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.
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.
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.