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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

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.

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BIM, Value Management, Life-cycle Cost Management

Building Information Management

BIM is the life-cycle management of the built environment supported by digital technology. BIM is the life-cycle management of the built environment supported by digital technology. The recent increase in demand for sustainable or green buildings is further making the consideration of life cycle cost an issue.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

According to BSEC’s glossary of software terms , Enterprise Resource Planning Software is a product that “allows a company to manage various aspects of a business — such as accounting, inventory and human relations — in one place. Contact us for a free consultation and sign up for our 2020 Construction Marketing Outlook webcast.

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How to Select a JOC Unit Price Book

Building Information Management

The cost database and associated projects and estimates can only be cost effectively created, stored, maintained, and used within a common data environment and JOC-specific technology. Modifiers, on average, account for 30% of the cost a a JOC task order. Is the size of the UPB manageable? Are demolition line items present ?

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How to Select a JOC Unit Price Book

Building Information Management

The cost database and associated projects and estimates can only be cost effectively created, stored, maintained, and used within a common data environment and JOC-specific technology. Modifiers, on average, account for 30% of the cost a a JOC task order. Is the size of the UPB manageable? Are demolition line items present ?

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Serious And Funny Construction Definitions Contractors Enjoy Reading

Contractor Bookkeeping

Aggravation Box - Computer with construction accounting software operated by a trainee. Black Box - Computer with construction accounting software operated by a trainee. Business Life Cycle - Start small / grow big / lose shirt / shrink back to small business. Bid - A wild guess carried out to two decimal places.

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Digital Dryshack #64: The New Year: A look back, the present, and changes ahead

Cassell Construction Estimating

Our company was a one man shop, as I did all the consulting, while traveling incessantly across the country. Now we’ve got Rob Mazoros, our full-time senior consultant and software engineer, adding a whole new dimension to our services. Kait Cassell has joined us to run our marketing, and in an associate consultant role.