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Q: For a project, which of the following estimate is accorded sanction in a Technical sanction ?
  • A. Preliminary estimate
  • B. Abstract estimate
  • C. Approximate estimate
  • D. Detailed estimate
Correct Answer: Option D - Object of detailed estimate– • Technical sanction • Accurate idea for the cost of construction • To determine earnest money and security deposit • For inviting tender • It serves as a guide during the execution of the work. Object of preliminary estimate– • To obtain administrative approval of project. • About 5% of total cost of project is added in the form of contingencies.
D. Object of detailed estimate– • Technical sanction • Accurate idea for the cost of construction • To determine earnest money and security deposit • For inviting tender • It serves as a guide during the execution of the work. Object of preliminary estimate– • To obtain administrative approval of project. • About 5% of total cost of project is added in the form of contingencies.

Explanations:

Object of detailed estimate– • Technical sanction • Accurate idea for the cost of construction • To determine earnest money and security deposit • For inviting tender • It serves as a guide during the execution of the work. Object of preliminary estimate– • To obtain administrative approval of project. • About 5% of total cost of project is added in the form of contingencies.