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Term
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Description
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| Escalation |
A percentage value applied to Material and Labor costs to account for future cost increases for when a project is built. |
| Estimate |
v.to create an estimate or approximation of the cost to build something.
n.the results produced by applying costs to various building components, plus markups.
(also known as "bids") |
| Estimating |
Creating a proposal or quotation of the estimated expenses for a building job, typically using takeoff (or a Quantity Survey) and applying labor and material costs, along with markups. |
| EULA |
End User License Agreement - the contract between you and us explaining how you may use the software license you purchased. |
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