Civil Engineering - Estimating and Costing - Discussion

Discussion :: Estimating and Costing - Section 1 (Q.No.18)


Pick up the correct statement from the following:

[A]. The estimated value of the work excluding the amount for contigencies, work charged establishment, tool and plants, is called work value
[B]. The actual expenditure involved to complete a work including incidental, establishment and travelling charges, is called actual cost
[C]. The formal acceptance by the administrative department for incurring an expenditure on the work, is called administrative approval
[D]. The order of a competent authority sanctioning a properly detailed estimate of the cost of a work of construction or repair is called technical sanction
[E]. All the above.

Answer: Option E


No answer description available for this question.

Raj said: (Dec 28, 2016)  
Explain the description.

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