Job Order Contracting

MARCH 21, 2025

DoD Construction estimating can be significantly improved with the use of local market, objective, and current construction cost data. The primary issue associated with construction cost location factoring is Data Accuracy. Inaccurate data can lead to incorrect cost estimates.

Estimating 147

Estimating Construction Accounting Renovating 147

Job Order Contracting

MARCH 2, 2025

Key issues related to cost factors: Fluctuating Material Costs: Prices of construction materials can significantly vary based on market conditions, supply chain issues, and seasonal fluctuations, making accurate cost estimations challenging.

Estimating 147

Estimating Construction Risk Site 147

Job Order Contracting

DECEMBER 17, 2024

Improve construction cost visibility and management with a LOCAL, CURRENT, OBJECTIVE, and VERIFIABLE Comprehensive Unit Cost Database with 90,000 granular construction tasks including labor, material, equipment, and productivity details. The post Comprehensive Unit Cost Database – Construction appeared first on 4BT.

CSI 242

CSI Construction Estimating Equipment 242

Job Order Contracting

NOVEMBER 10, 2024

The need to improve construction cost certainty is critical regardess of whether repair, renovation, maintenance, or new build projects are invovled. Create detailed line item estimates for ALL repair, renovation, maintenance, and new build projects. Here is proven method improving cost visibility and saving up to 30%40%.

CSI 244

CSI Renovating Construction Estimating 244

Job Order Contracting

APRIL 7, 2025

What is an Independent Government Cost Estimate? An IGCE (also in construction related service an IGE) is a cost estimate developed by the Government Requiring Activity, based on the requirements of the Performance Work Statement (PWS) or Statement of Work (SOW). How was the estimate made? What assumptions were made?

Estimating 147

Estimating Procurement Contract Overhead 147

Job Order Contracting

NOVEMBER 7, 2022

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

Estimating 262

Estimating Life Cycle Procurement Construction 262

Job Order Contracting

JANUARY 26, 2025

Here are a few things to know about Market Leading Construction Cost Estimating Software applications. Convenience and Time Savings Market average prepopulated cost databases save significant time by providing a starting point for estimating. Users can quickly reference costs instead of building detailed estimates from scratch.

Estimating 130

Estimating Software Software Construction 130

Job Order Contracting

JULY 18, 2024

An important construction cost estimating inprovement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks. Using “traditional” cost estimating solutions is no longer viable in today’s volatile and competitive landscape.

Estimating 246

Estimating Sage Construction Equipment 246

Job Order Contracting

JUNE 1, 2022

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool.

Estimating 264

Estimating Construction Procurement Architecture 264

Job Order Contracting

AUGUST 3, 2022

Accuracy is a very common term used in describing the primary attribute required in construction cost estimates. The use of the term accuracy in concert with a construction cost estimate is questionable is questionable at best but is sheer lunacy if the standard is the final construction cost! contact-form]. .

Estimating 261

Estimating Construction Procurement Renovating 261

Construction Business Owner

APRIL 25, 2023

4 Types of Construction Estimates You Need Learn about different estimating practices & why accurate cost data is essential mhodges Tue, 04/25/2023 - 14:35 Common Types of Construction Estimates Throughout all phases of a construction project, it is important that project owners have a good sense of what the total cost will be.

Estimating 296

Estimating Construction Life Cycle Materials 296

Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. The reason is simple, an estimate, by nature, is an approximation. Using the final construction cost, for example, is just plain silly as there are far too many variables involved in the outcome. and oversight groups.

Estimating 264

Estimating Construction Procurement Overhead 264

Job Order Contracting

SEPTEMBER 26, 2024

Advancing construction cost estimating data, tools, communications, and technology is central to achieving sustainable facilities management. Advancing Construction Costs Estimating Tools for Today and Tomorrow Local market research – To be relevant, construction cost data must reflect local market conditions.

Estimating 242

Estimating Construction CSI Resource 242

Job Order Contracting

MAY 21, 2022

Effective construction cost estimating must be done at a detailed line-item level using local market data. contact-form] The post Effective Construction Cost Estimating appeared first on 4BT. Learn more?

Estimating 264

Estimating Construction 264

Job Order Contracting

MARCH 3, 2022

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

Estimating 263

Estimating Construction Procurement Regulation 263

Job Order Contracting

MARCH 20, 2025

Finally, FAST and RELIABLE Cost Estimates for construction, renovation, repair, and maintenance are now possible with 4BT’s local market detailed cost data! commerical cost Construction cost data must be valid, reliable, and verifiable to objectively and realistically represent current local market conditions.

Estimating 147

Estimating CSI Procurement Organization 147

Job Order Contracting

MAY 24, 2023

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

Estimating 246

Estimating Construction Defense Change Orders 246

Job Order Contracting

APRIL 26, 2022

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. for the local market.

Estimating 264

Estimating CSI Procurement Construction 264

Job Order Contracting

OCTOBER 1, 2024

Improving Multi-Trade Construction Cost Estimates is critical for any CM or real property owner. Leveraging current, granular, and locally researched labor, material, and equipment cost data enables CMs and real property owners to validate information, thereby improving multi-trade construction cost estimates.

Estimating 239

Estimating Construction Equipment Management 239

Construction Business Owner

JULY 6, 2023

Maximize Your Construction Estimating Efficiency Tools, tips and insights you can use right now to make use of your valuable time. Therefore, a project’s success is in direct correlation to the thoroughness of its estimate. Therefore, a project’s success is in direct correlation to the thoroughness of its estimate.

Estimating 294

Estimating Virgin Islands Puerto Rico Samoa 294

Job Order Contracting

JUNE 27, 2024

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Also remember that there so NO SUCH THING as an “accurate construction estimate.” Certainly its not the final construction cost.

Estimating 246

Estimating Construction Procurement CSI 246

Job Order Contracting

JULY 23, 2024

Unlocking the door to Objective Verifiable Construction Cost Estimates is now possible with current, locally research line item labor, material, and equipment data from Four BT, LLC (4BT). Using “traditional” cost estimating solutions is no longer viable in today’s volatile and competitive landscape.

Estimating 246

Estimating Sage Construction Equipment 246

Job Order Contracting

NOVEMBER 17, 2024

Active Construction Cost Management is important to any repair, renovation, maintenance, or new build activity. 1 Can I objectively validate the cost estimate? #2 2 Is the cost estimate objective? #3 4 Is the cost estimate organized using a standard data architecture (i.e. let’s talk.

Transportation 189

Transportation Education Management Procurement 189

Job Order Contracting

MARCH 5, 2021

Construction cost estimate validation is a process to determine the relative level of reliability. Any use of the work accuracy with the word construction estimate is simply foolish. Construction cost estimate validation is basically an objective risk analysis and assessment of information reliability.

Estimating 229

Estimating Construction Materials Risk 229

Job Order Contracting

MAY 28, 2024

While we are all aware of the high levels of financial and environmental waste associated with the construction and sustainment of the built environment, very little has been done to address the issue at the root cause level. . What’s needed to improve construction cost estimating?

Estimating 243

Estimating Construction CSI Procurement 243

Job Order Contracting

MAY 24, 2023

Poor Construction Estimates – Root Cause The are two primary root causes of poor construction cost estimates: Lack of early and ongoing communication between all relevant parties. Failure to use granular, current, and well organized construction cost data specific to the local market.

Estimating 246

Estimating Construction Organization Management 246

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

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

Job Order Contracting

FEBRUARY 21, 2025

The availability of current, local market, detailed construction task data makes evaluating subcontractor bids an easy task. Simply build the subcontractor estimate using objective, verifiable local market construction cost data and compare costs. Ensure all construction cost estimates are both VALID and RELIABLE.

Bidding 189

Bidding CSI Construction Estimating 189

Job Order Contracting

MAY 21, 2022

There is only one sole source of truth for construction cost estimating, locally researched detailed line-item unit price data and associated quantities. GAO/GGD-00-172R Study on Facility Design Reviews – Federal Facilities Council’s Report on the Role of Facility Design Reviews in Facilities Construction.

Estimating 264

Estimating Construction Defense Risk 264

The Constructor

MAY 10, 2020

Project planning and budget estimation is very important for a construction project to be successful. If you don’t plan your project beforehand, you.

Estimating 269

Estimating Budget Budgeting Construction 269

Job Order Contracting

MARCH 9, 2021

Unit Pricing Estimating within the CSI MasterFormat is the most reliable and efficient means of ascertaining construction costs based on materials, labor, and equipment content, and it just got better. This means there his no need for area cost factors (ACFs) or other construction cost indexes (CCIs). Unit Price Estimating.

Estimating 264

Estimating CSI Construction Equipment 264

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The post How to Estimate Duration of Activities in Construction appeared first on The Constructor.

Estimating 246

Estimating Schedule Construction Project Management 246

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

Construction Business Owner

AUGUST 25, 2022

Estimate Your Way in STACK. With 4 different ways to estimate, you’ll love using STACK’s cloud-based software. Estimating is the backbone of a construction project, and it’s essential to get it right to win bids. We want you to succeed, and however your estimates need to be executed we are here with choices! .

Estimating 296

Estimating Overhead Software Software 296

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. The vast majority of “construction failures”, delays, cost overages, etc., A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 243

Estimating Construction Renovating Products 243

Viewpoint Construction Technology

JULY 20, 2023

There are many reasons to adopt integrated construction software, including flexibility, organization, and project management.

Software 320

Software Software Estimating Project Management 320