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Relearn Construction Cost Estimating – 4 Critical Learnings

Job Order Contracting

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Use and share objective, granular, current, and locally researched line item data that is organized using a standard data architecture (for example, expanded CSI Masterformat).

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Enhance Construction Cost Estimating – 5 Steps

Job Order Contracting

Reliance upon traditional and flawed techniques of planning, procurement, and project delivery methods. Archaic cost estimation methods such as the use of historical data, lump sum subcontractor quotes, and/or national average cost data and location factors, area cost factors, and/or economic factors.

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Valid construction estimates

Job Order Contracting

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.

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Unit Price Construction Cost Estimating

Job Order Contracting

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. Contact Us.

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Public Sector Construction Procurement is BROKEN.

Job Order Contracting

Public Sector Construction Procurement is BROKEN. Each and every day the procurement of facilities repair, renovation, maintenance, and new construction services occurs without any current, objective, verifiable cost information. 2 Current, granular local market cost data organized using expanded CSI MasterFormat. #3 Solution?

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Active Construction Cost Management – Government, Healthcare, Education, Transportation

Job Order Contracting

Questions every real property owners should ask before procuring a repair, renovation, maintenance, or new build service. #1 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.

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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.