Glossary entry (derived from question below)
English term or phrase:
Open Book Estimate (OBE) methodology
Romanian translation:
deviz estimativ documentat
Added to glossary by
Laura Genescu (Briciu)
Aug 31, 2007 10:06
17 yrs ago
4 viewers *
English term
Open Book Estimate (OBE) methodology
English to Romanian
Bus/Financial
Accounting
The Contract Price for Construction is to be agreed between Principal and Contractor until 01.09.2007 based on the principles of OBE followed during proposal phase.
Proposed translations
(Romanian)
3 +1 | deviz explicat/detaliat | Mihai Badea (X) |
Proposed translations
+1
19 mins
English term (edited):
open book estimate
Selected
deviz explicat/detaliat
Aş spune "metodologia OBE" cu "deviz explicat" între paranteze. Cred că ar fi indicat să apară şi termenul original - open book estimate - într-o notă de subsol.
""Open Book Estimate" shall mean EPCM Contractor's estimate of the cost required to complete the Work on the Project from the completion of the Phase I EPCM Work through to the Final Completion Date, together with a clear and comprehensive explanation of all elements, factors, assumptions, and data necessary to understand how the estimate was derived, that will
become the basis for the Target Price upon review and approval by the Owner upon completion of the Phase I EPCM Work."
http://sec.edgar-online.com/2004/11/15/0001144204-04-019028/...
""Open Book Estimate" shall mean EPCM Contractor's estimate of the cost required to complete the Work on the Project from the completion of the Phase I EPCM Work through to the Final Completion Date, together with a clear and comprehensive explanation of all elements, factors, assumptions, and data necessary to understand how the estimate was derived, that will
become the basis for the Target Price upon review and approval by the Owner upon completion of the Phase I EPCM Work."
http://sec.edgar-online.com/2004/11/15/0001144204-04-019028/...
4 KudoZ points awarded for this answer.
Comment: "Multumesc mult!"
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