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Home > Terms > English, UK (UE) > Construction budget
Construction budget
The target cost figure covering the construction phase of a project. It includes the cost of contracts with trade contractors; construction support items; other purchased labor, material and equipment; and the construction manager's cost (but not the cost of land, A/E fees, or consultant fees).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Project management
- Company: WSDOT
- Product:
- Acronym-Abbreviation:
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