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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. applied to a outdated cost estimate will introduce significant error. Primary data sources should be used whenever possible. ENR economic index, etc.)

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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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Construction Cost Estimating 2020 and Beyond – Must Reading for Owners

Job Order Contracting

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Cost estimating. Construction. Construction project delivery methodology. Life-cycle Management. The Construction Operations Building information exchange (COBie) has become one of the most widely known data formats. Cost Estimating, Procurement, & Construction Project Delivery and Management Systems.

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Public Sector Facilities Stewardship and Data-driven Decision Making

Job Order Contracting

The fundamental reason the assumptions most public sector professionals have are incorrect when it comes to life-cycle management of the built environment. Low bid is an acceptable form of procuring repair, renovation, maintenance, or new construction services. … Poor Assumptions Drive Disaster. contact-form].

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Open Construction Cost Estimating

Job Order Contracting

Open Construction Cost Estimating for 2018 and Beyond! Forget the past, and move toward greater collaboration and efficiency with open, shared construction cost data. Create you own line items from a core line item database, build estimates, manage projects, store and view virtually all forms of documents. Learn more?

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Introduction to Current Construction Cost ESTIMATING Techniques 

Job Order Contracting

Introduction to Current Construction Cost ESTIMATING Techniques . Robust construction cost estimating is critical to improving productivity, quality, delivery times, cost control, and overall satisfaction for any renovation, repair, or new project. ESTIMATING FORMATS. TYPES OF ESTIMATING & ESTIMATES.