article thumbnail

Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The total cost of physically constructing the project in the time required based on current costs for labor, materials, equipment, mobilization, bonds, and profit. utility, railroad) costs. Construction Estimate. Estimate includes all initial preliminary engineering costs and final design costs. Estimate includes all third party (e.g.

article thumbnail

Logistics Networks Are Getting Back On Track

Business Facilities

Lower fuel prices, a surge in railroad hiring and the need to get goods to market faster are boosting growth and profits in the logistics sector. Business Facilities (BF) Magazine. Logistics Networks Are Getting Back On Track appeared first on Business Facilities (BF) Magazine.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PSMJ Resources Blog: Managing Risk in Public Works

PSMJ Resources

Railroads are particularly problematic. Across all of North America railroad permitting is a common challenge. If a project requires coordination with a railroad, allow substantial extra time and budget. Early identification of utilities and proactive interaction with utility companies can help smooth the process.

article thumbnail

SPECIAL REPORT: Two Train Cars Forward, Three Cargo Ships Back

Buisness Facilities Contributed Content

Sophisticated planning is required to account for never ending variables that help to keep supply chain costs down and quality and profits up. The Railroad sector was the big winner with a 15.3 The International Air Transport Association (IATA) continues to expect net post-tax profits for the entire industry to fall from $7.9

article thumbnail

September/October 2015 Issue (Volume 48, Number 5)

Buisness Facilities Contributed Content

Feature Story: Logistics Networks Are Getting Back On Track | Lower fuel prices, a surge in railroad hiring and the need to get goods to market faster are boosting growth and profits in the logistics sector. Get the latest on ports and FTZs.

article thumbnail

INDUSTRY FOCUS: Soaring To New Heights

Buisness Facilities Contributed Content

The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. billion in operating profit. Revenue was up 4 percent compared with 2011, while operating profit was up 2% over 2011. For 2012, the top 100 Aero/Defense companies reported a record-setting $695 billion in revenue and $59.8

article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

1,677 miles of class 1 railroads. There also is Arkansas’s state-of-the-art railroad infrastructure comprising three Class I systems: Union Pacific, BNSF Railway and Kansas City Southern Railway. Arkansas also has 22 smaller railroads operating over its more than 2,700 miles of track. 16,416 miles of state and U.S.