□ Estimate is escalated to year of expenditure dollars for each elements of the project.
□ Process includes risk-based assessments of unknown and all uncertain costs.
□ Estimate is well documented.
□ Estimate has been independently validated.
□ Estimate is consistent with project scope.
□ Estimate includes all initial preliminary engineering costs and final design costs.
□ Estimate includes all land access costs (excluding land acquisition).
□ Estimate includes all third party (e.g. utility, railway) costs.
□ Estimate includes all traffic management costs.
□ Estimate includes all construction costs.
□ Estimate includes construction contingencies.
□ Estimate includes site indirects.
□ Estimate includes community consultation cost (excluding compensation)
□ Estimate includes a management contingency.
□ For projects under design, estimates include a design contingency at each stage of design.
Other items may be added depending on the project's characteristics.