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Construction Cost Estimating Guide

Job Order Contracting

The following is presented as a Construction Cost Estimating Guide for enabling owners and design-builders to gain visibility into actual local market labor, material, and equipment costs. Local Market Data: Focus on using current, verifiable, and locally researched labor, material, and equipment costs.

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DoD Construction Estimating

Job Order Contracting

DoD Construction estimating can be significantly improved with the use of local market, objective, and current construction cost data. Inaccurate data can lead to incorrect cost estimates. Cost data must be up-to-date, and reflect local market conditions (labor, material, and equipment), at a granular level.

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Comprehensive Unit Cost Database – Construction

Job Order Contracting

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.

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Construction Cost Estimating Facts

Job Order Contracting

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.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. 10% are due to equipment and/or materials delays, most off which could have been foreseen. are all defined.

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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.

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How General Contractors Work with Commercial Architects to Mitigate Risks and Deliver Superior Commercial Construction Projects

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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. Predictable Timelines Through Smarter Delivery One of the most critical elements of risk mitigation is maintaining project schedules.