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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337
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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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8 essential steps for effective project cost estimation and budgeting

Fieldwire

Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Follow these eight essential steps to estimate project costs and budget funds effectively to prevent grave miscalculations.

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Sharing Your Budget Streamlines the Pre-Construction Phase

Wolgast Corporation

Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. We can come to the owner with ideas without delays.

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What Every Business Owner Should Know about Design-Build Construction

Wolgast Corporation

That is, until the 1970’s when we were the first to bring Design-Build to what’s now known as the Great Lakes Bay Region. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method. Potential challenges can be flagged early and discussed to be mitigated.

Design 62
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Design Build Services Add a Construction Department to Your Team

Wolgast Corporation

When you choose to work with a design-builder, you’re adding a whole construction department to your business team that’s dedicated to completing a turn-key project as if it were their own. Turn-key in this instance includes initial concept through design, construction, and a 1-year warranty program.

Design 62