Abstract

This report provides a guidebook to cost estimating for airport capital planning, supported by a spreadsheet-based cost-estimating model (CRP-CD-158). The guidebook and the accompanying model are designed to help airport operators, aviation/transportation agencies, and other industry stakeholders understand cost-estimating practices, including risks and sources of uncertainty. Individual chapters examine best practices for estimating construction costs, parametric cost estimating, developing an airport cost database, the Airport Capital Cost Estimation tool (ACCE), and lessons learned.

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