From the course: Construction Estimating: RSMeans and Cost Data
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What's included in cost data
From the course: Construction Estimating: RSMeans and Cost Data
What's included in cost data
- [Instructor] Publishers of construction cost data make every attempt to explain what's included and what's not included in the respective data. RSMeans is no different. Seek out the informational pages for information in the manuals that you are using to be sure that you are not including too much or too little cost for your project. Here we will take a look at the informational page How to Use the Book: The Details. Let's scan over this page. First they tell us how they've developed the cost data. Down below there's a description about the fact that it's average cost data and that city cost indexes, like we just discussed, can be used. Below that, they talk about the specifics of the material costs and what's included and what isn't from the national average. You'll see that the manufacturer's warrantee is assumed, but extended warrantees are not, and the material costs do not include sales tax. That's very important. Next we discuss the labor costs. The fact is the labor costs are…
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