article thumbnail

Objective, reliable, and veriable Construction Cost Estimates

Job Order Contracting

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.

article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Fortunately, crane and rigging insurance provide protection and compensation. Crane and rigging insurance are policies designed to mitigate potential consequences to construction companies that own, operate, rent, set up, or move cranes. Physical damage – This policy compensates for the value of a physically damaged crane.

Insurance 168
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Currency and Accuracy of Construction Cost Data used for IGEs

Job Order Contracting

An independent Government estimate of construction costs shall be prepared and furnished to the contracting officer at the earliest practicable time for each proposed contract and for each contract modification anticipated to exceed the simplified acquisition threshold. FAR 36.203 Government estimate of construction costs.

article thumbnail

Simplify your concrete estimating process with Concrete Foundation Estimator 1.1.1

Construction Cost Estimating

Progress Builders, a full-service, Design-build company, working on residential construction market , just introduced Concrete Foundation Estimator 1.1.1 Concrete Foundation Estimator 1.1.1 was purposely intended to enhance and make the process simpler for estimating and bidding on concrete jobs. Estimator 1.1.1

article thumbnail

Watchdog MPs blast “floundering” HS2 Euston Station plans

Construction Enquirer

The Department for Transport still does not know what it is trying to achieve with the HS2 station at Euston despite spending over eight years planning and designing it. The government announced in March that work on the station will be paused for two years in a bid to cut costs.

Plans 81
article thumbnail

9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

If your project is estimated to last five months, you’ll pay about $1,000 to $4,000 per month in premiums. This protection is an essential part of any construction project as it will cover mistakes made during design or value engineering on-site modifications. Workers’ Compensation Insurance. Roofers Insurance.

Insurance 156
article thumbnail

LEAN Construction Framework – A Robust Solution fully supported by tools and services

Job Order Contracting

Cost estimating and budgeting a continuous process, accomplished through intimate collaboration between internal and external planning, procurement, and project team members using locally researched, granular (line item) market data organized using standard data. “A designing to target cost”. Compensation”. Ballard, G.;

New York 180