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Construction TARGET COSTING – Should be required of all public sector real property owners

Job Order Contracting

Construction Target Costing is a method used to shape repair, renovation, maintenance, or new build outcomes and process design to deliver customer value within specific constraints. To effectively implement Construction Target Costing, several key elements must be considered: 1.

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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. Standardized Data Architecture: Use a robust data architecture such as expanded CSI Masterformat.

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Construction Project Forecasting for Better Budgeting and Scheduling

Buildern

How often do construction projects go exactly as planned? The root of these issues always lies in neglecting certain aspects of construction project forecasting, leading to inaccurate assumptions and limited visibility into what’s ahead. Table of Contents What is Construction Project Forecasting? And in the U.S., And in the U.S.,

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DoD’s reliance on RSMeans for FSRM

Job Order Contracting

Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation. Perceived Standardization RSMeans provides a nationally standardized database, which may give the illusion of consistency across different regions and projects.

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How to Hire Construction Workers: A Guide for General Contractors 

Buildern

One bad subcontractor can derail your entire build. This is a reality for any general contractor, whether it’s a small custom home builder or a commercial construction business. A tricky part is that construction firms are not traditional businesses that have an HR department to lean on. It’s about risk.

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Build a Strong Cost Data Foundation

Job Order Contracting

Build a Strong Cost Data Foundation – Strategies for Change A significant issue in public sector capital planning and associated repair, renovation, maintenance, and construction is the reliance on outdated, national average cost data and flawed location/economic multipliers. Build a Strong Cost Data Foundation 2.

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Mass Timber Buildings: Sustainable Path to Net Zero Goals

CCR Magazine

Whether they are leaning on public-private partnership (P3) or traditional delivery methods, owners and developers are recognizing the benefits of wood as a versatile, sustainable, and structurally efficient feature for their projects. “Mass timber offers cost and value considerations that developers and clients see as benefits.