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How to Create an Independent Government Cost Estimate

Job Order Contracting

What is an Independent Government Cost Estimate? An IGCE (also in construction related service an IGE) is a cost estimate developed by the Government Requiring Activity, based on the requirements of the Performance Work Statement (PWS) or Statement of Work (SOW). How was the estimate made? What assumptions were made?

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Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. The reason is simple, an estimate, by nature, is an approximation. Furthermore, measuring accuracy is impossible as there is no datum. Nonetheless validity of a construction cost estimate is critical to cost management.

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HCSS Highlights its HCSS Plans Software for Digital Plans Management

Civil + Structural Engineer

SUGAR LAND, TX: HCSS, a leading provider of innovative software helping heavy civil construction businesses streamline their operations, highlights HCSS Plans, a digital plans management solution ideal for construction job site foremen in the field.

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How to Calculate Labor Cost in Construction the Right Way [Key Formulas and Factors]

Buildern

While managing a small residential remodel or a large-scale commercial build, knowing how to calculate labor cost in construction the right way can mean the difference between hitting your margins and losing money. The full picture of labor costs is the first step toward building realistic and profit-conscious construction estimates.

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Why Good Builders Don’t Always Make Good Estimators (and How to Bridge the Gap)

Construction Marketing

But heres something that might surprise you: not all great builders make great estimators. Building and estimating are simply two different skill sets. But when it comes to estimating, being a great builder is only part of the puzzle. Estimators have to think in terms of prediction and planning.

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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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Construction Estimating Software: The Complete Guide 

Autodesk Construction Cloud

The process of building isn’t what it used to be. New opportunities and challenges highlight the importance of producing accurate estimates. In an industry with razor-thin margins, incorrect estimates can lead to a major hit in profitability and wreak havoc on your company’s finances. Top Technology for Construction Estimating.