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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Building Hong Kong's Airport

The Constructor

The two former islands that were levelled comprise about 25% of the surface area of the airport’s 12.55 Land reclamation for the airport added nearly 1% to the entirety of Hong Kong’s surface area. The project is the most expensive airport project ever, according to Guinness World Records. km² platform.

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Construction Cost Estimator – Line Item

Job Order Contracting

Construction Cost Estimator – Line Item. A superior line item construction cost estimator generally has an intricate knowledge of field construction techniques, uses a common data environment, and is skilled at both collaboration and LEAN construction and/or facilities management. Transportation (Airports/Mass Transit).

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Kansas City airport terminal costs approach $2B

Construction Dive

The price tag has almost doubled from estimates during the bidding phase, which the development team attributes to airline design changes like adding gates and airplane parking spaces.

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Airport trends 2018: Full flights with no end in sight

BD+C

Airports Council International estimates that 8.8 billion flyers used airports worldwide last year, up 6.6%. Domestic and foreign airlines serving the U.S. carried an all-time high of 965 million passengers in 2017, according to the U.S. Department of Transportation.

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Subways in America

The Constructor

RECOMMENDED FOR YOU Building Hong Kong’s Airport Close All rights reserved.

America 203
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Gov. Cuomo details $13B redevelopment of NYC's JFK airport

Construction Dive

An increase of $3 billion from previous estimates, the governor's plan is expected to expand capacity by at least 15 million passengers a year.

Airports 107