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Discussing job cost coding with some of our self-performing contractor clients, we sometimes hear that they often use the Owner’s Project Bid Items as a simple and useful structure for cost coding their work on the project. I remember going into a construction office in Montana, and asking how they tracked their labor. Barry Cassell.
Timberline Estimating Training – Bid Day Emergency – File Won’t Open I had an urgent support call recently from one of our Montana contractors who use Timberline Estimating. Here’s the scenario: It’s Bid Day, getting down to the last hour before the bid is due.
We at Cassell Consulting are having a decent year. The trends of the last quarter are continuing – decreasing profit margins, more bidders on every job, and at times companies bidding what appears to be downright foolishly. We have smaller projects going with Martel in Montana and Arita Poulson in Hawaii.
March finds the bid market slowing in many areas, but holding its own in a few areas. However some of our clientele reports that it’s still possible to bid a job with some profit, and actually get awarded the job. After fifteen years as an Independent Timberline-certified Estimating consultant & trainer, we declined to renew.
Ed Carrigan asked: “Do you believe there is a savings between JOC program and a bidding process (design-bid-build)?” For multi-trade repair and improvement type projects, Job Order Contracting will win out on a savings analysis over design-bid-build. ” Thanks for the question, Ed.
Low Bid; Best Bid: Historically facility managers have had their hands tied with acquisition regulations that required the award of projects to the lowest bidding contractor. Too often the low bid winner would prove to be the contractor that made the most mistakes in their bid. construction consultants.
All contractors have faced this at one time or another where they were low bid on a project and learn as the job unfolds why they were low bid. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.
Successful "hard bid" contractors know very well that scoping construction goes well beyond the AE scope and must include field specific scope. Competitive bidding contractors will get their unit costs from subcontractors, vendors, suppliers, and their own cost records. construction consultants.
All contractors have faced this at one time or another where they were low bid on a project and learn as the job unfolds why they were low bid. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.
The first crisis will occur when the contractor bids are greater than the budget estimate. Published construction cost data is also very helpful for budgetary estimating and for checks and balances in bidding. construction consultants. Good luck on either account. Woolsey, MBA. Email This BlogThis!
Double Check Phase: All good cost estimates are checked and double checked prior to establishing it as the project budget or bid price for a project. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.
Estimate Contingency: Defining and capturing the scope of work is the key to accuracy in estimating (and bidding) projects (particularly with renovation projects). Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.
This week the blog topic is on “Negotiating” unit price line items taken from national estimating guides on competitively bid contracts that are publically funded and subject to audits. construction consultants. You read it right. Sound exciting… it is! He is also affiliated with The Wool-Zee Company, Inc.,
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