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(EST-3302) (Presentation Only) Overview of New Estimating Recommended Practices

Level: Intermediate
Venue: 2019 AACE International Conference & Expo, June 16-19, 2019, New Orleans, LA, USA

Abstract: This session provides an introduction to 3 new or revised Recommended Practices:
  • CE-81 (Owner's Estimate Requirements Document - as Applied in Engineering, Procurement, and Construction for the Process Industries);
  • 36R-08 (Development of Cost Estimate Plans - as Applied in Engineering, Procurement, and Construction for the Process Industries);
  • CE-95 (Development of Cost Estimate Bases - as Applied in Engineering, Procurement, and Construction for the Process Industries).

The content and use of the documents will be explained, in particular the new sections on Class 4 and 5 estimates. The relationship between each will also be discussed. This session is also intended to provide an opportunity for attendees to openly discuss the use of the documents.