Cost Estimating and Control

CONTEC has developed five distinguishable types of budget depending on the phases of development of the project:

• Initial concept
• Cost estimation study
• Basic Design
• Detail Engineering
• Implementation

The budgets are based on information that comes from cost curves or real price offers.

For the all above types of budget, the issues that are taken into account are the base, the conditions, as well as the divergences.

Cost estimation is held during various project phases, with the total budget submerged into separated sub-projects and cost points, as it is required for the continuous expenses estimation.