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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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Costain dropped from £1.3bn A66 road job

Construction Enquirer

Both National Highways and Costain described the decision as ‘an agreed change in contracting strategy’ for the mega projects. Taken together the decisions are estimated to shrink Costain’s pipeline of work by around £1bn.

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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The usefulness of an IGE to a contracting officer and other Government interest depends largely upon its supporting documentation. FAR 36.203.

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Palmer Paving Gains Estimating Speed and Flexibility, and Powerful, Easy Tracking and Analysis with Software Technology

Civil + Structural Engineer

By Greg Norris, B2W Software Palmer Paving is no stranger to benefits of software technology, and a unified approach to estimating, performance tracking and accounting continues to pay dividends. Jim Madden, chief estimator Palmer Paving creates more than 500 estimates annually. Large bids are in the $10- and $20-million range.

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Aurigo Software Partners with Delaware DOT to Streamline Planning and Delivery of Statewide Capital Program

Civil + Structural Engineer

Aurigo Software , the leading provider of capital planning and construction management software for infrastructure and private owners, announced it has entered into a multiyear contract with the Delaware Department of Transportation (DelDOT) to modernize the planning, funding, and execution of the agency’s Capital Transportation Program.

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What Is the Schedule of Values (SOV) in Construction: Complete Guide 

Buildern

For most builders working on larger or bank-financed projects, the SOV acts as a must-have document that breaks down the total contract amount into detailed line items in construction financial management. Scheduled Value per Line Item A dollar amount is assigned to each line item, based on the original contract or subcontract.

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JOC Program Line-item Estimating

Job Order Contracting

Cost management involves different risks for all the parties involved, which highlights the need to manage risks properly. NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information.