Job Order Contracting

MAY 8, 2023

Better estimates. Verifiable. current local market labor, material, and equipment costs – updated quarterly. appeared first on 4BT. appeared first on 4BT.

Estimating 250

Estimating CSI Security Organization 250

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 218

Estimating Sage Construction Equipment 218

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.” The following represent the new realities. Technology will not solve your problems.

Estimating 217

Estimating Construction Procurement CSI 217

Job Order Contracting

AUGUST 15, 2024

Isn’t it time for owners, designers, engineers, and builders to STOP thinking about accurate construction cost estimates? The fact of the matter is that there is no such thing as an “accurate construction cost estimate” Measuring accuracy requires a reliable reference point or datum. and new construction service.

Estimating 187

Estimating Procurement Legal Equipment 187

Job Order Contracting

OCTOBER 26, 2024

Better Tools are now availalble for construction estimators to drive significantly improved contruction cost visibility. contact-form] The post Better Tools For Estimators Drive Significantly Improved Construction Cost Visibility appeared first on 4BT.

Estimating 177

Estimating Construction Resource Regulation 177

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 223

Estimating Construction Defense Change Orders 223

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. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 222

Estimating CSI Life Cycle Construction 222

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 280

Estimating Overhead Software Software 280

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 264

Estimating Construction Life Cycle Materials 264

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 211

Estimating Life Cycle Procurement Construction 211

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 227

Estimating Life Cycle Documentation Schedule 227

Job Order Contracting

MAY 28, 2024

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. What’s needed to improve construction cost estimating? Reduce the number of surprises, disruptions, and change orders.

Estimating 190

Estimating Construction CSI Procurement 190

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. CORE PRINCIPLES.

Estimating 232

Estimating Construction Procurement Architecture 232

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 203

Estimating Schedule Construction Project Management 203

Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

Estimating 252

Estimating Construction Procurement Overhead 252

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. via 4BT.us – Verifiable local market granular construction cost data and support program and estimate management technology.

Estimating 205

Estimating Construction Organization Management 205

Construction Business Owner

AUGUST 27, 2023

Harness the Power of Estimating Data to Grow Your Business ccapoccia Sun, 08/27/2023 - 12:23 Estimating is the foundation of every profitable construction business. But if you’re submitting bids without analyzing past project data, you’re missing out on valuable insights to prepare the most accurate estimate.

Estimating 268

Estimating Bidding Profitability Foundation 268

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! – Oxford Languages.

Estimating 207

Estimating Construction Procurement Renovating 207

Construction Business Owner

MARCH 1, 2024

Strategic Cost Estimation for Contractors in 2024 ccapoccia Fri, 03/01/2024 - 16:03 As we navigate the complexities of the construction industry in 2024, the ability to provide accurate cost estimations remains the cornerstone of a contractor’s success.

Estimating 156

Estimating Contractors Roads Profitability 156

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 201

Estimating Construction Risk Documentation 201

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 236

Estimating Construction 236

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.

Estimating 243

Estimating CSI Procurement Construction 243

Job Order Contracting

SEPTEMBER 18, 2023

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work.

Estimating 207

Estimating Construction CSI Compensation 207

Construction Business Owner

JUNE 15, 2022

Estimating Software as a Critical Investment. When Don Pearson struck out on his own to start Tenex Contractors in early 2021, he brought along a trusted partner: the enterprise-class software for estimating that he was familiar with. Wed, 06/15/2022 - 11:00.

Software 253

Software Software Estimating Contractors 253

The Constructor

APRIL 9, 2022

Analogous estimating is an estimation technique that uses the historical data of old projects to estimate the cost for similar new projects.

Estimating 180

Estimating 180

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 215

Estimating Construction Procurement Regulation 215

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. A credible cost estimate is one that has been derived using local market granular information. A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 190

Estimating Construction Renovating Products 190

Construction Business Owner

AUGUST 27, 2023

Replace Spreadsheets for Faster, More Accurate Estimating ccapoccia Sun, 08/27/2023 - 12:36 “Slow” and “clunky” are adjectives Jeff Sparkowich used to describe estimating with spreadsheets. The estimator at New Hampshire dismantling and sitework contractor S.J.

Estimating 156

Estimating New Hampshire Software Software 156

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. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate. ” Preparing an Owner’s Estimate.

Estimating 264

Estimating Contract Documentation Office 264

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

Job Order Contracting

JUNE 21, 2023

This enables simplified data management and the ability to update estimates with various other databases as needed. #4 Our platform can manage multiple Programs, Contracts, Proposals, Estimates, Work Orders, Documents, Forms, Contractors/Subconstractors, Teams, Buildings, Graphics, Issues/Tasks, and even leverage BIM information.

Estimating 219

Estimating CSI Defense BIM 219

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. contact-form] The post Construction Cost Estimating – Single Source of Truth appeared first on 4BT.

Estimating 232

Estimating Construction Defense Risk 232

Cassell Construction Estimating

OCTOBER 5, 2023

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 how: Make sure EVERYONE is out of Timberline, (both Accounting and Estimating). We specialize in Timberline Estimating Training, give us a call.

Estimating 100

Estimating Bidding Montana US 100

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 130

Estimating Schedule Construction Project Management 130

Cassell Construction Estimating

OCTOBER 5, 2023

Do you compile the estimate manually, 
then enter into a spreadsheet? Or do you build the bid directly from within your estimating
 software? You can’t open a box, and turn 
inconsistent estimating into a well‐oiled system. The importance of a consistent, production‐based estimating system cannot be overstated.

Estimating 100

Estimating Las Vegas Bidding Software 100

Job Order Contracting

SEPTEMBER 21, 2022

NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information. The post JOC Program Line-item Estimating appeared first on 4BT. Verify all aspects of the direct work (e.g.,

Estimating 202

Estimating Comparison Electrical Organization 202

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. Unit Price Estimating. All costs are summed to obtain the total estimated construction cost. Submit a form.

Estimating 264

Estimating CSI Construction Equipment 264