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Unit Rate

One of the estimating parameters used to develop estimates and budgets for projects (such as maintenance costs and replacement cost

Unit rates are expressed by the units of measure, for example: 

The unit rate is multiplied by the quantity takeoff to derive the estimate.

Data on unit rates is available from various sources, including
  • Industry cost guides or
  • Experience working on similar projects.
Unit rates will vary based on many factors, including:

See also:
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