Job Order Contracting

MAY 28, 2025

Project cost estimation levels depend on the amount of current, actionable information available about the project at a given stage. As a repair, renovation, maintenance, or new build activity progresses and the scope becomes more defined, the estimates become more reliable. #1. Reliability Range: Wide range, typically -50% to +100%.

Estimating 52

Estimating Cost Control Building Controls Budgeting 52

Job Order Contracting

MARCH 2, 2025

Key issues related to cost factors: Fluctuating Material Costs: Prices of construction materials can significantly vary based on market conditions, supply chain issues, and seasonal fluctuations, making accurate cost estimations challenging.

Estimating 59

Estimating Site Planning Risk Management Geotechnical Engineering 59

Civil + Structural Engineer

JANUARY 10, 2025

For example, the Federal Highway Administration reported that highway construction costs rose yet again in the first quarter of 2024, at an annualized rate of 9.6 Long lead times for critical electrical equipment and persistent labor shortages are further exacerbating price increases. percent, which is a 2.4

Risk Management 264

Risk Management Schedule Management Project Management Cost Control 264

Job Order Contracting

MARCH 21, 2025

DoD Construction estimating can be significantly improved with the use of local market, objective, and current construction cost data. The primary issue associated with construction cost location factoring is Data Accuracy. Inaccurate data can lead to incorrect cost estimates.

Estimating 59

Estimating Construction Equipment Building Materials Change Management 59

Job Order Contracting

DECEMBER 17, 2024

Improve construction cost visibility and management with a LOCAL, CURRENT, OBJECTIVE, and VERIFIABLE Comprehensive Unit Cost Database with 90,000 granular construction tasks including labor, material, equipment, and productivity details. The post Comprehensive Unit Cost Database – Construction appeared first on 4BT.

Estimating 97

Estimating Construction Equipment Schedule Management Facility Management 97

Job Order Contracting

MARCH 20, 2025

Finally, FAST and RELIABLE Cost Estimates for construction, renovation, repair, and maintenance are now possible with 4BT’s local market detailed cost data! commerical cost Construction cost data must be valid, reliable, and verifiable to objectively and realistically represent current local market conditions.

Estimating 59

Estimating Project Management Lean Construction Procurement 59

Job Order Contracting

APRIL 7, 2025

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?

Estimating 59

Estimating General Contracting Government Works Building Performance Measurement 59

Job Order Contracting

APRIL 26, 2025

Construction Value Engineering and Cost Estimating go hand in hand. Arguably Integrated Project Delivery , Collaborative Job Order Contracting , Alliance Partnering, and similar project delivery methods represent value engineering applied to built environment repair, renovation, maintenance, or new construction projects.

Estimating 52

Estimating Engineering Construction Equipment Project Management 52

Job Order Contracting

NOVEMBER 10, 2024

The need to improve construction cost certainty is critical regardess of whether repair, renovation, maintenance, or new build projects are invovled. Create detailed line item estimates for ALL repair, renovation, maintenance, and new build projects. Use LOCALLY RESEARCHED labor, material, and equipment costs from an objective source.

Building Materials 97

Building Materials Construction Equipment Maintenance Estimating 97

Job Order Contracting

JULY 18, 2024

An important construction cost estimating inprovement is the use of current, objective, verifiable, and locally researched granular labor, material, and equipment construction tasks. Using “traditional” cost estimating solutions is no longer viable in today’s volatile and competitive landscape.

Estimating 98

Estimating Construction Equipment Risk Management Collaboration 98

Job Order Contracting

NOVEMBER 7, 2022

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

Estimating 104

Estimating Procurement Project Management Construction Management 104

Job Order Contracting

JUNE 1, 2022

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool.

Estimating 105

Estimating Lean Construction General Contracting Procurement 105

Civil + Structural Engineer

DECEMBER 10, 2024

By PCiRoads How PCiRoads found custom equipment for a unique project Minneapolis features a busy and lively downtown area thats home to nearly 57,000 residents along with 216,000 employees each week, per mplsdowntown.com. Mike Clover, concrete superintendent, was in charge of equipment selection for the project.

Concrete Pouring 130

Concrete Pouring Heavy Equipment Manufacturing Flooring Systems Controls Manufacturing 130

Civil + Structural Engineer

JANUARY 22, 2024

Aside from 2021, HCSS has continued its tradition of hosting UGM since 1990, bringing together construction professionals dedicated to advancing their skills and industry knowledge. This evolution reflects the increasing popularity and importance of UGM in the construction industry. The inaugural UGM in 1990 saw eight attendees.

Estimating 264

Estimating Construction Management Project Management Construction Equipment 264

Job Order Contracting

JULY 23, 2024

Unlocking the door to Objective Verifiable Construction Cost Estimates is now possible with current, locally research line item labor, material, and equipment data from Four BT, LLC (4BT). Using “traditional” cost estimating solutions is no longer viable in today’s volatile and competitive landscape.

Estimating 98

Estimating Construction Equipment Landscaping Construction Management 98

Job Order Contracting

OCTOBER 1, 2024

Improving Multi-Trade Construction Cost Estimates is critical for any CM or real property owner. Leveraging current, granular, and locally researched labor, material, and equipment cost data enables CMs and real property owners to validate information, thereby improving multi-trade construction cost estimates.

Estimating 95

Estimating Property Management Construction Equipment Construction Management 95

Job Order Contracting

MARCH 3, 2022

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

Estimating 105

Estimating Facility Management Construction Equipment Procurement 105

Civil + Structural Engineer

JULY 3, 2023

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. Palmer is a Peckham Industries subsidiary specializing in highway construction, commercial paving and excavation and sitework.

Estimating 130

Estimating Structural Systems Construction Equipment Change Management 130

Job Order Contracting

NOVEMBER 17, 2024

Active Construction Cost Management is important to any repair, renovation, maintenance, or new build activity. 1 Can I objectively validate the cost estimate? #2 2 Is the cost estimate objective? #3 4 Is the cost estimate organized using a standard data architecture (i.e. let’s talk.

Construction Management 75

Construction Management Estimating Procurement Change Management 75

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. for the local market.

Estimating 105

Estimating Procurement Foundation Systems Insurance Management 105

Job Order Contracting

SEPTEMBER 26, 2024

Advancing construction cost estimating data, tools, communications, and technology is central to achieving sustainable facilities management. Advancing Construction Costs Estimating Tools for Today and Tomorrow Local market research – To be relevant, construction cost data must reflect local market conditions.

Estimating 97

Estimating Facility Management Change Management Construction Equipment 97

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.

Estimating 98

Estimating Construction Equipment Procurement Building Materials 98

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 98

Estimating Material Handling Schedule Management Change Management 98

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.” Certainly its not the final construction cost.

Estimating 98

Estimating Project Management Consulting Procurement Facility Management 98

Job Order Contracting

NOVEMBER 16, 2024

The underutilization of robust construction cost management methods continue to drive high levels of waste across virtually all public sector organizations. Metrics for a Construction Cost Database #1 Verifiable – All components are traceable, including labor, material, and equipment costs. #2

Construction Management 98

Construction Management Facility Management Construction Equipment Project Management 98

Job Order Contracting

SEPTEMBER 21, 2022

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. There are many construction cost data and indexes available: • Handy-Whitman Index of Public Utility Construction Costs.

Estimating 104

Estimating Risk Management Construction Equipment Change Management 104

Autodesk Construction Cloud

JUNE 7, 2023

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. Far and away one of the most common reasons, however, is inaccurate budget estimates. When it comes to construction, estimating costs is a towering challenge. When it comes to construction, estimating costs is a towering challenge.

Estimating 98

Estimating Cost Control Project Management Consulting Budgeting 98

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 98

Estimating Project Management Consulting Cost Control Construction Equipment 98

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. applied to a outdated cost estimate will introduce significant error. Primary data sources should be used whenever possible. ENR economic index, etc.)

Estimating 98

Estimating Structural Systems Schedule Management Risk Management 98

Civil + Structural Engineer

JULY 14, 2023

SUGAR LAND, TEXAS, & Chicago, IL July 11, 2023 – HCSS, a leading provider of innovative software that helps heavy civil businesses streamline their operations, and Gearflow, a leader in streamlining the parts procurement process for construction fleets, announces a strategic partnership.

Procurement 244

Procurement Construction Equipment Schedule Management Project Management 244

Job Order Contracting

NOVEMBER 15, 2024

Guide to Construction Cost Optimization provides a road map for applying best management practices necessary to drive financial visibility and transparency. Introduction Objective, verifiable, and locally researched detailed line-item unit price construction data provides the highest level of cost visibility and cost management capability.

Insurance Management 98

Insurance Management General Contracting Building Materials Manufacturing Lean Construction 98

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. Costs must be current, objective, and locally reserached.

Estimating 98

Estimating Material Storage Building Standards Building Permits 98

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 105

Estimating Procurement Lean Construction Construction Equipment 105

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. The vast majority of “construction failures”, delays, cost overages, etc., A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 97

Estimating Construction Equipment Maintenance Lean Construction 97

Autodesk Construction Cloud

JUNE 24, 2022

Construction projects have gotten more complex over the years, and material and labor costs are increasing. Census Bureau indicates that construction spending reached $376.6 New opportunities and challenges highlight the importance of producing accurate estimates. Jump to sections: What is Construction Estimating Software?

Estimating 94

Estimating Building Performance Measurement Building Automation Building Optimization 94

PC Construction

OCTOBER 30, 2024

Last week, PC joined PurposeEnergy for a ribbon cutting ceremony to mark the completion of construction for the new Middlebury Resource Recovery Center (MRRC) in Vermont. The post Ribbon Cut on New PurposeEnergy Facility appeared first on PC Construction.

Renewable Energy Systems 100

Renewable Energy Systems Piping Installation Electrical Systems Construction Equipment 100

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 98

Estimating Schedule Management Risk Management Change Management 98