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Common construction cost estimating problems

Job Order Contracting

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.

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Construction Cost Data Insight

Job Order Contracting

For decades, the construction industry has clung to the idea of “accurate estimates” as the gold standard for planning, budgeting, and managing capital projects. There’s no such thing as an “accurate estimate” Let’s be clear: an estimate is a forecast—not a fact. Key Requirements for Reliable Estimates.

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Intelligent Compaction Paves the Way to the High-Tech Roadbuilding of Tomorrow

For Construction Pros

Crews and DOT Officials Share Data With manufacturers offering easy slope and thermal surveying solutions, paving crews are discovering that having access to this wealth of information not only helps their operators, but their estimators, fleet managers and the DOT leaders who originally awarded the bid.

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Slow & Steady: State of the Concrete Industry

For Construction Pros

The adoption of modern and unified estimating, operations and financial management software is also helping to address these challenges. There is also the added benefit of not needing to place stringline to guide the machines, meaning surveyors aren’t showing up prior to paving.

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Tools for Improving Vehicle & Equipment Maintenance Management

For Construction Pros

Improving communication around scheduled maintenance, estimated service duration, and service completion should be clear and easily accessible to relevant parties, including operators, technicians, fleet managers, foremen, and contractors. Communication woes: Miscommunication can be a heck of a productivity downer.

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A Solid Foundation for a Virtual World: State of the Concrete Industry

For Construction Pros

Include a Carbon Budget: Incorporate a table of concrete mixture types, volumes, and Global Warming Potential (GWP) values to estimate project-wide emissions and set reduction targets. Instead, specify based on strength, exposure class, and carbon intensity.

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Every State Had June Construction Unemployment Rates Below 10%

The Contractor Magazine

The analysis found that 18 states had lower estimated construction unemployment rates over the same period, 28 had higher rates and four states had the same rates. Estimated state construction unemployment rates were lower than their pre-pandemic level in three-quarters of states. million, or 9.4%, above its pre-pandemic peak of 7.6