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 264

Estimating CSI Procurement Construction 264

Job Order Contracting

DECEMBER 17, 2024

Comprehensive Unit Cost Database Easily estimate the any type of commercial repair, renovation, maintenance, or new build project. Move beyond square foot and parametric estimating Stop using inefficient processes and get Planning, Procurement, and Project Delivery Teams on the same page via r obust programmatic frameworks.

CSI 242

CSI Construction Estimating Equipment 242

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! That is a known standard/datum.

Estimating 261

Estimating Construction Procurement Renovating 261

Job Order Contracting

NOVEMBER 17, 2024

Active Construction Cost Management is important to any repair, renovation, maintenance, or new build activity. 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

Transportation 189

Transportation Education Management Procurement 189

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 264

Estimating Construction Procurement Overhead 264

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

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

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 246

Estimating Construction Procurement CSI 246

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Using the term “accurate” or “accurate costs” in conjunction with construction cost estimating is a fools errand. “ By definition, a construction cost estimate is an approximation. Absolutely not!

Estimating 239

Estimating Construction Procurement Renovating 239

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. Most IGEs do not use appropriate data sources and this is particularly true for CONTRUCTION activities (repair, renovation, maintenance, new builds).

Estimating 264

Estimating Contract Documentation Office 264

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 243

Estimating Construction CSI Procurement 243

Job Order Contracting

NOVEMBER 15, 2022

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? Line-item estimating is the only information that should be use for ANY repair, renovation, maintenance, or new build procurement and a local market unit price book is the only efficient method of obtaining and leveraging detailed cost information.

Renovating 260

Renovating Management Procurement Construction 260

Job Order Contracting

DECEMBER 9, 2022

PROVEN FORMULA FOR EFFICIENT FACILITIES Repair, Renovation, Maintenance, and New Construction. 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!

Renovating 264

Renovating Estimating Construction Procurement 264

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

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 243

Estimating Construction Renovating Products 243

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. In other words, robust, LEAN process takes precedence for all associated projects.

Estimating 214

Estimating Construction Procurement Environment 214

Job Order Contracting

JANUARY 22, 2021

Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. The post 2021 Facilities Repair Renovation and New Construction Cost Management appeared first on 4BT. Sample Workflow. Project Procurement and Delivery Environment Comparison.

Renovating 264

Renovating Management Procurement Life Cycle 264

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

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 246

Estimating Construction CSI Compensation 246

Job Order Contracting

JANUARY 3, 2025

Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation. However, this approach often overlooks local market fluctuations and nuances, leading to inaccurate cost estimates.

Procurement 246

Procurement Estimating Management Renovating 246

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

MARCH 24, 2021

News Flash – Best value facilities repair, renovation work order delivery is now available to any real property owner. Create a shared scope of work using a a detailed line item construction cost estimate using locally researched cost data. Best value facilities repair, renovation, maintenance, and new build benefits.

Renovating 252

Renovating Life Cycle Visualization Environment 252

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

AUGUST 4, 2023

Many in the public sector are unaware of the construction cost estimating issues caused by the use of national average cost data and location factoring. They are not intended to be used when preparing appropriation-quality estimates. Here’s short summary of those problems noted by independent third parties. Peitlock, B.A.,

Estimating 238

Estimating Construction United States New Mexico 238

Job Order Contracting

MARCH 30, 2021

If you are Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes, then do these 3 steps! Additionally, few, if any owners, required the use of a standardized, locally researched unit price book for cost estimating and improving scope of work definition. Reshape your teams and raise transparency.

Budgeting 249

Budgeting Budget Renovating Procurement 249

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. Introduction.

Estimating 213

Estimating Overhead Construction Liability 213

Job Order Contracting

SEPTEMBER 8, 2020

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

Estimating 179

Estimating Construction Procurement Life Cycle 179

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

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

JUNE 12, 2020

Delivering improved construction repair, renovation, and maintenance outcomes isn’t rocket science. Traditional methods for planning, cost estimating, procurement, and project delivery are incapable of driving mutually beneficial optimal outcomes.

Renovating 200

Renovating Life Cycle Procurement Construction 200

Job Order Contracting

MAY 12, 2020

Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.

Estimating 165

Estimating Life Cycle Construction Documentation 165

Job Order Contracting

MAY 5, 2023

Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. 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. 2 Is the cost estimate objective? #3

Management 262

Management Procurement Estimating Construction 262

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

MARCH 24, 2020

Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Failure to adapt to readily available, proven and robust cost estimating practices.

Estimating 138

Estimating Construction Renovating Procurement 138

Job Order Contracting

FEBRUARY 28, 2025

Centralized Timely Construction Cost Data is a “single source of truth” that is mandatory for improving cost visibility and management for any repair, renovation, maintenance, or new build project.

CSI 195

CSI Construction Procurement Organization 195

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. Continuous improvement. Scope of Work.

Estimating 130

Estimating Construction Procurement Change Orders 130