ASTM E2168

1.1 This classification establishes a classification for allowance, contingency, and reserve sums used in construction, project, and program estimating.

1.2 This classification applies to all construction work.

1.3 This classification is not based on permanent physical elements of construction (as defined and classified in Classification E 1557. Rather, the classification items are cost components common to construction, project, and program estimates.

2. Referenced Documents

ASTM Standards
E1557 Classification for Building Elements and Related Sitework--UNIFORMAT II
E1804 Practice for Performing and Reporting Cost Analysis During the Design Phase of a Project
E1946 Practice for Measuring Cost Risk of Buildings and Building Systems
E631 Terminology of Building Constructions
E883 Guide for Reflected-Light Photomicrography

Index Terms

allowance, contingency, reserve, cost risk; building economics, classification, construction estimating; cost estimating; cost planning; cost control; UNIFORMAT II, budgeting; ICS Number Code 91.010.20 (Contractual aspects)

Citing ASTM Standards

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