Recent content by Rajesh181837

  1. Rajesh181837

    ESTIMATING A PROJECT ESCALATION WHILE BIDDING INDICES & FORMULA

    ESTIMATING A PROJECT ESCALATION WHILE BIDDING INDICES & FORMULA Escalation is the provision in the cost estimate for increases in the cost of equipment, material, labor, etc., due to continuing price changes over the time. Escalation is used to estimate the future cost of a project or to...