
IfcCostValue
         
	 Definition from IAI:An IfcCostValue is an amount of money
		or a value that affects an amount of money.
 
	  HISTORY: New Entity in IFC
		Release 1.0 
 
	 Use Definitions
 
	 Each instance of IfcCostValue may also have a CostType. There are many
		possible types of cost value that may be identified. Whilst there is a broad
		understanding of the meaning of names that may be assigned to different types
		of costs, there is no general standard for naming cost types nor are there any
		broadly defined classifications. To allow for any type of cost value, the
		IfcLabel datatype is assigned. The following defines some cost types that might
		be applied: 
 
	  
		 
		  | Annual rate of return |  
		  Lease |  
		  Replacement |  
		
 
		 
		  | Bonus |  
		  List price |  
		  Sale |  
		
 
		 
		  | Bulk purchase rebate |  
		  Maintenance |  
		  Small quantity surcharge |  
		
 
		 
		  | Contract |  
		  Material |  
		  Spares |  
		
 
		 
		  | Consultancy |  
		  Overhead |  
		  Storage |  
		
 
		 
		  | Delivery |  
		  Postage and packing |  
		  Sub-Contract |  
		
 
		 
		  | Estimated cost |  
		  Profit |  
		  Trade discount |  
		
 
		 
		  | Hire |  
		  Purchase |  
		  Transportation |  
		
 
		 
		  | Installation |  
		  Rental |  
		  Waste allowance |  
		
 
		 
		  | Interest rate |  
		  Repair |  
		  Whole life |  
		
 
		 
		  | Labor |  
		   |  
		   |  
		
 
	 
 
	 In the absence of any well-defined standard, it is recommended that
		local agreements should be made to define allowable and understandable cost
		value types within a project or region.
 
EXPRESS specification:
        Attribute definitions:
        
          
            | CostType
             | 
             : 
             | 
                          Specification of the type of cost type used.
NOTE: There are many possible types of cost value that may be identified. Whilst there is a broad understanding of the meaning of names that may be assigned to different types of costs, there is no general standard for naming cost types nor are there any broadly defined classifications. To allow for any type of cost value, the IfcLabel datatype is assigned. 
 
In the absence of any well defined standard, it is recommended that local agreements should be made to define allowable and understandable cost value types within a project or region.
 
               
              
             | 
          
          
            | Condition
             | 
             : 
             | 
                          The condition under which a cost value applies.
             | 
          
        
Inheritance graph