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.

Preliminary estimate

The second estimate of GDP released about two months after the measurement period.

Preliminary Estimate

1. In calculating quarterly GDP, a second estimate published approximately two months after the end of a quarter. It includes information not available at the time of the advance estimate, as well as any necessary data revisions. However, it is still subject to scrutiny and potential alteration. See also: Final estimate.

2. An early calculation of the cost of a project. This calculation is made and presented to a buyer before a project has begun, and is subject to change due to both exogenous factors and endogenous factors. See also: Revised estimate.

单词	preliminary estimate
释义	Preliminary estimate 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. Preliminary estimate Preliminary estimate The second estimate of GDP released about two months after the measurement period. Preliminary Estimate 1. In calculating quarterly GDP, a second estimate published approximately two months after the end of a quarter. It includes information not available at the time of the advance estimate, as well as any necessary data revisions. However, it is still subject to scrutiny and potential alteration. See also: Final estimate. 2. An early calculation of the cost of a project. This calculation is made and presented to a buyer before a project has begun, and is subject to change due to both exogenous factors and endogenous factors. See also: Revised estimate.
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