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 264

Estimating Construction Procurement Architecture 264

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

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

JUNE 27, 2024

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Work as part of an integrated planning, procurement, and project delivery team. Also remember that there so NO SUCH THING as an “accurate construction estimate.”

Estimating 246

Estimating Construction Procurement CSI 246

Job Order Contracting

FEBRUARY 21, 2025

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. The availability of current, local market, detailed construction task data makes evaluating subcontractor bids an easy task.

Bidding 189

Bidding CSI Construction Estimating 189

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 246

Estimating Procurement Legal Equipment 246

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 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 28, 2025

Having a verifiable and granular source of labor, material, equipment, and productivity data greatly improves timely and cost effective decision-making. Having a verifiable and granular source of labor, material, equipment, and productivity data greatly improves timely and cost effective decision-making.

CSI 195

CSI Construction Procurement Organization 195

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

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

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. Workflows, forms, sign offs, etc. Workflows, forms, sign offs, etc.

Estimating 214

Estimating Construction Procurement Environment 214

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. expanded CSI Masterformat ). #5

Estimating 246

Estimating Construction CSI Compensation 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

Job Order Contracting

FEBRUARY 17, 2025

It is the foundation of any repair, renovation, maintenance, or new build activity throughout associated planning, procurement, and project delivery. Detailed Line-item Construction Cost Estimating Detailed line-items estimating provides the most representative view of actual “construction” costs.

Estimating 147

Estimating Procurement Renovating Management 147

Job Order Contracting

MARCH 7, 2025

Granular Local Market Cost Data is Essential for Cost Visibility & Management (Repair, Renovation, Maintenance, & New Builds) Using current, verifiable, and detailed local cost dat a instead of national averages with adjustment factors ensures: Cost transparency All labor, material, and equipment costs are broken down and verifiable.

Management 147

Management Estimating Change Orders Construction 147

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 246

Estimating Life Cycle CSI Construction 246

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 191

Estimating Procurement Life Cycle Construction 191

Job Order Contracting

JULY 19, 2020

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Since other levels or types of cost estimating can’t meet this level, care should be given as to what form of cost data is being use. Material costs are either.

Estimating 213

Estimating Overhead Construction Liability 213

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 179

Estimating Construction Renovating CSI 179

Job Order Contracting

FEBRUARY 27, 2020

Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery can only be achieved with a concerted focus upon change management, education, and leadership. The post Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery appeared first on 4BT.

Procurement 179

Procurement Plans Life Cycle CSI 179

Job Order Contracting

MAY 5, 2023

That said 80%+ of all projects are late or overbudget largely due to an inadequately detailed and poorly communicated Scope of Work (SOW) and associated cost estimate. Questions every real property should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #2

Management 262

Management Procurement Estimating Construction 262

The Constructor

MARCH 19, 2012

Timber: This is the most common material used for bracing members to the form face. Mon, 1 Oct 2012 About Jobs Connect Groups Forums Toolbar SMS Alerts RSS Feed Search The Constructor Subscribe by E-Mail to receive latest updates. It is easily cut to shape on site, and if handled and stored carefully, it can be used many times.

Materials 202

Materials Concrete Fabrication Foundation 202

Job Order Contracting

JUNE 2, 2022

Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis. FACTORS IMPACTING AN ESTIMATE. Material availability.

Management 263

Management Estimating Procurement Construction 263

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. This is clearly foolish.

Estimating 165

Estimating Construction Procurement Life Cycle 165

Job Order Contracting

FEBRUARY 3, 2025

The industry average of 25% largely reflects the inefficiencies in bid preparation, lack of trust in cost estimates, and inconsistencies in pricing. Enhanced Credibility : Using objective, third-party data builds trust with clients, as it demonstrates a commitment to transparency and fairness in cost estimation.

Bidding 147

Bidding Construction Defense Contractors 147

Job Order Contracting

FEBRUARY 20, 2021

The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes. 10% are due to equipment and/or materials delays, most off which could have been foreseen.

Schedule 232

Schedule Management Procurement Construction 232

Job Order Contracting

MARCH 6, 2020

Ensuring COLLABORATION from Planning, through Procurement, through Project Delivery, and Beyond for repair, renovation, maintenance, and new construction requires an integrated outcome-focused process. The post IPD – Ensuring Construction COLLABORATION from Planning, through Procurement, through Project Delivery, and Beyond!

Procurement 165

Procurement Plans Organization Construction 165

Job Order Contracting

OCTOBER 1, 2022

Without granular, line item Local Market Construction Cost Data you can’t have a verifiable estimate. Enables integrated planning, procurement, and project delivery workflow. Track multiple programs, contracts, projects, estimates/bids/proposals, issues/tasks, and workorders throughout their lifecycles. Compliance.

Construction 264

Construction Estimating CSI Comparison 264

Job Order Contracting

DECEMBER 9, 2022

Create estimates, deploy project workflows and controls, inclusive of timelines, approval stages, appropriate information access, and more. Put an end to poor traditional planning, cost estimating, procurement, and project delivery practices! Program, Project, Estimate, Document, Work Order, Owner, Contractor Subcontractor.

Renovating 264

Renovating Estimating Construction Procurement 264

Job Order Contracting

DECEMBER 15, 2021

Job Order Contracting (JOC) has been distorted into a way to simply speed the procurement of repair, renovation, and new build construction, bypassing procurement rigors and doing little to assure mutually beneficial benefit to owners and design-builder or overall efficiency. Enhanced owner and design-builder capabilities. Learn more?

Contract 264

Contract Procurement Estimating Management 264

Job Order Contracting

NOVEMBER 28, 2023

As a result, more than 40 years after the introduction of area cost factors (ACFs), the Department of Defense (and the Federal Government in general) is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) and/or time-based cost variances.

Estimating 240

Estimating Defense Procurement Budgeting 240

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time.

Estimating 130

Estimating Construction Procurement Change Orders 130

Job Order Contracting

APRIL 26, 2024

Improving construction cost estimating requires collaboration, transparency, and a robust process. An essential aspect is sharing objective, local market, granular labor, material, and equipment costs. Collaboration involves both giving and receiving help. Maintaining alignment among team members is challenging but essential.

Industrial 243

Industrial CSI Estimating Construction 243

Job Order Contracting

AUGUST 19, 2020

Issues with Construction Cost Indexes, Location Factors, and Cost Estimating for IDIQ and JOC impact cost visibility and transparency. In this manner, labor, material, and equipment can all be updated at a granular level to best reflect actual costs of construction tasks. History of Cost Factors. Issues with Construction Cost Factors.

Estimating 186

Estimating Construction Contract Accounting 186

HardHatChat

FEBRUARY 11, 2025

Ensure Realistic Budgeting and Scheduling: Combining the architects design vision with the GCs knowledge of materials, labor, and logistics allows for more accurate cost estimates and timelines. Example: On a senior living facility project, Englewoods collaboration with the architect led to the re-evaluation of roofing materials.

Commercial 177

Commercial Risk Contractors Feasibility 177

Job Order Contracting

NOVEMBER 21, 2023

A fundamental element is Job Order Contracting (JOC) is line item estimating which involves breaking down the cost of construction into discrete, granular tasks, each item representing a specific material, labor, and equipment components. Each aspect, such as materials, labor, equipment, and overhead, should be itemized separately.

Contract 245

Contract Overhead Estimating Profitability 245