Case Study: 4 Key Tenets for Federal Cost Estimates
A reliable federal cost estimate generally stands atop four principal tenets. Read to find out what happens when one of these tenets is forgotten.
A reliable federal cost estimate generally stands atop four principal tenets. Read to find out what happens when one of these tenets is forgotten.
Here are three Federal estimating guidelines to help keep budget issues at bay for your agency’s construction projects.
Developing accurate cost estimates is tough, but cost item assemblies simplify the process with vetted components for scope completeness and price accuracy.
Sustainable construction begins with innovative design that embeds resource utilization and responsibility in every part of the building and construction lifecycle.
Principle Engineer Bob Mewis highlights the seven primary infectious disease/COVID precautions that impact labor cost and the additional raw materials needed on job sites. Read the blog for insights on how construction estimates can be built to account for cost changes due to COVID-19, the impacts social distancing could have on project timelines and how new technologies can combat productivity loss.
Using current construction costs can deflate most typical cost risks with DOD construction projects.
How can you build an estimate for a large, complex project and be confident that your figures reflect actual market costs for different locales? It’s a difficult task. Luckily, there are tools designed to address this exact problem: The City Cost Index and predictive cost data.
Successfully creating collaborative construction cost estimates is similar to a musical orchestra.
It’s a construction estimator’s job to determine the cost of a building project. Construction estimating is an important role in the construction process.
The U.S. Government Accountability Office (GAO) recently updated their Cost Estimating and Assessment Best Practices Guide. Read this to learn how RSMeans Data Online can help Federal estimators apply the new GAO recommendations to construction cost estimates.
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