Job Order Contracting

MARCH 21, 2022

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

Estimating 263

Estimating Construction Procurement Budgeting 263

HardHatChat

NOVEMBER 27, 2024

Over the past 20+ years, Englewood has completed over 2500 commercial construction projects in the retail, restaurant, hospitality, senior living, industrial, cannabis, and automotive sectors. From financial overruns to project delays, unexpected risks can impact budgets, timelines, and overall project success.

Risk 156

Risk Commercial Budgeting Budget 156

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

Estimating 239

Estimating Construction Procurement Renovating 239

Construction Business Owner

MAY 1, 2024

Keep Up With Construction Material Cost Changes Turn data into intelligence and empower your organization with the latest in construction cost Data Insights. Market volatility, geographical variations and the lag between project initiation to build introduces unpredictability in the total cost of construction projects.

Materials 345

Materials Construction Budgeting Budget 345

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. applied to a outdated cost estimate will introduce significant error. Primary data sources should be used whenever possible. ENR economic index, etc.)

Estimating 246

Estimating Life Cycle CSI Construction 246

HardHatChat

FEBRUARY 11, 2025

Successful commercial construction projects hinge on more than just technical expertise; they require a strategic and collaborative approach. For Directors of Construction, engaging the right general contractor (GC) who can work seamlessly with commercial architects is essential to mitigate risks and achieve project goals.

Commercial 177

Commercial Risk Contractors Feasibility 177

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

Estimating 264

Estimating Contract Documentation Office 264

Job Order Contracting

MARCH 7, 2025

Accuracy Estimates reflect real, current market conditions , not outdated or averaged data. Better contractor alignment Estimates match how local subcontractors and suppliers bid , reducing disputes. Example: A national database might estimate drywall installation at $1.80 per SF , adjusted by a 1.15

Management 147

Management Estimating Change Orders Construction 147

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 245

Estimating Construction Documentation Risk 245

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 246

Estimating Life Cycle Documentation Schedule 246

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating 200

Estimating Construction CSI Procurement 200

Construction Business Owner

APRIL 6, 2022

2022 Construction Cost Changes. Cost changes you need to know for key construction materials, labor & equipment. The construction industry has never seen anything like the past two years — and it’s showed in the cost of construction work. Budgets have gone through the roof. construction materials.

Construction 358

Construction Bidding Materials Budgeting 358

Construction Marketing

FEBRUARY 7, 2019

Let’s now take a look at 10 budget tips for DIYers. Estimate the Prices. For each item created on your to-do list, it’s important to include an estimated price of the things you intend to buy or tools you may need to rent. Estimate the Time. DIY saves you a lot. Create a List. Calculate Your Total Project Spend.

Budgeting 215

Budgeting Budget Estimating Feasibility 215

The Constructor

DECEMBER 1, 2020

Effective management of the construction workforce helps finish projects on time and within the stipulated budget. It is estimated that nearly.

Management 264

Management Budgeting Budget Construction 264

HardHatChat

SEPTEMBER 26, 2018

For the most part, a commercial construction firm’s job is pretty straightforward. But because we have such a broad range of expertise and the know-how to weigh in or provide services for so many aspects of the construction process, there are times our clients don’t even realize they could and should be calling us for assistance.

Commercial 410

Commercial Contractors Construction Budgeting 410

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate.

Estimating 165

Estimating Construction Procurement Life Cycle 165

Job Order Contracting

MARCH 30, 2021

If you are Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes, then do these 3 steps! Additionally, few, if any owners, required the use of a standardized, locally researched unit price book for cost estimating and improving scope of work definition. Reshape your teams and raise transparency.

Budgeting 249

Budgeting Budget Renovating Procurement 249

Job Order Contracting

DECEMBER 8, 2021

Innovative construction capital delivery for public sector owners can consistently enable quality, on-time, on-budget and fully compliant repair, renovation, maintenance, sustainability, and new build outcomes. 85% of all construction projects are over-budget, late, and/or poorly completed. Continuous improvement.

Innovation 261

Innovation Procurement Budgeting Budget 261

HardHatChat

DECEMBER 19, 2018

A strong pipeline of senior living construction was a “high” of 2018. So before we officially ring in 2019, here is our rundown of Englewood Construction’s commercial construction trends “highs” and “lows” from 2018: High: A Sizable Senior Living Pipeline. An overall rise in construction material costs.

Commercial 328

Commercial Retail Industrial Construction 328

Job Order Contracting

MARCH 24, 2020

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Loss of cost estimating expertise at a detailed line item level.

Estimating 138

Estimating Construction Renovating Procurement 138

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Eighty percent (80%) of all construction projects are late, over-budget, or incorrectly completed. These are not LEAN construction delivery methods. Put aside anything you have heard about Last Planner(TM), TPS, Six Sigma, belt-belt, et al.

Estimating 130

Estimating Construction Procurement Change Orders 130

Wolgast Corporation

DECEMBER 12, 2022

Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. We can come to the owner with ideas without delays.

Budgeting 127

Budgeting Budget Estimating Construction 127

Viewpoint Construction Technology

JULY 19, 2017

Estimates get thrown off, rush fees ensue, and general disdain for the job can surface. Working with integrated construction software can keep everyone on the same page, jobs and duties on time, equipment and worker status visible, and timelines transparent. Correctly allocating a work crew can make or break a construction timeline.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

Procurement 263

Procurement Innovation Products Plans 263

Construction Marketing

FEBRUARY 17, 2022

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home.

Construction 264

Construction Budgeting Budget Drawings 264

Construction Marketing

MAY 17, 2023

The construction industry is undergoing a remarkable transformation as it embraces the digital age. Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations.

Innovation 251

Innovation Construction Safety Budgeting 251

Construction Marketing

JANUARY 24, 2024

In the ever-evolving landscape of the construction industry, where precision meets creativity and innovation, effective marketing strategies are paramount for attracting top-tier talent across diverse construction job categories. Architects Design and plan construction projects, considering both aesthetic and functional aspects.

Construction 312

Construction Project Management Electrical Safety 312

Job Order Contracting

FEBRUARY 20, 2021

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. Fortunately there are proven processes to better manage construction costs, schedules, and quality. Better Manage Construction Costs. Sixty (60%) percent of all project fail to meet both cost and and schedule targets.

Schedule 232

Schedule Management Procurement Construction 232

Job Order Contracting

DECEMBER 13, 2022

Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time. Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available.

Sustainability 264

Sustainability Management Estimating Budgeting 264

Viewpoint Construction Technology

APRIL 23, 2019

6 reasons your construction projects are not being completed on time and how to avoid them. It’s both frustrating and costly for contractors when a construction project is postponed. There are some reasons, like weather that are beyond your control, but most construction project delays can be avoided. Budget Inaccuracies.

Construction 237

Construction Software Software Estimating 237

Lets Build

JUNE 2, 2023

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency. This provides a single source of truth to drive your construction engine.

Project Management 148

Project Management Budgeting Budget Management 148

Job Order Contracting

NOVEMBER 15, 2022

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? Robust processes, workflows, tools, and services exist to enable the consistent delivery of quality projects on time and on budget. The post MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams – appeared first on 4BT.

Renovating 260

Renovating Management Procurement Construction 260

Job Order Contracting

NOVEMBER 28, 2023

STOP using ACFs – The inherent flaws of Area Cost Factors There are multiple false assumptions associated with Military Construction Budgeting and Area Cost Factors. They are used in the development of military construction program projects and/or alternative basing studies.

Estimating 240

Estimating Defense Procurement Budgeting 240

Job Order Contracting

JANUARY 22, 2021

Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. Studies have noted that ninety percent of associated projects can be deployed on-time, on-budget, and to the satisfaction of all participants and stakeholders. Sample Workflow. via 4bt.us.

Renovating 264

Renovating Management Procurement Life Cycle 264

Job Order Contracting

JULY 7, 2024

Financial Management Issues Budget Overruns : There have been instances where projects managed by GSA PBS exceeded their budget estimates, leading to increased costs and financial inefficiencies. A recent assessment highlighted deficiencies in pricing for the PBS Southeast Sunbelt Region’s Job Order Construction contracts.

Management 242

Management Budgeting Budget Contract 242

Autodesk Construction Cloud

JUNE 7, 2023

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. When projects go over budget, they result in frustration, delays, missed timelines, terminated relationships, and loss of reputation for companies. Far and away one of the most common reasons, however, is inaccurate budget estimates.

Estimating 98

Estimating Construction Budgeting Budget 98

Cassell Construction Estimating

OCTOBER 5, 2023

Intorducing The New Sage Estimating To Vista Exporting Tool Quickly convert your sage estimates into a viewpoint vista project management budget Works with the sage estimating versions 9.8

Sage 130

Sage Estimating Subcontracting Viewpoint 130