Job Order Contracting

AUGUST 20, 2023

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.

Estimating 217

Estimating CSI Life Cycle Construction 217

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 222

Estimating Life Cycle Documentation Schedule 222

Job Order Contracting

NOVEMBER 7, 2022

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

Estimating 206

Estimating Procurement Life Cycle Construction 206

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The post How to Estimate Duration of Activities in Construction appeared first on The Constructor.

Estimating 179

Estimating Schedule Construction Project Management 179

Construction Business Owner

AUGUST 27, 2023

Harness the Power of Estimating Data to Grow Your Business ccapoccia Sun, 08/27/2023 - 12:23 Estimating is the foundation of every profitable construction business. But if you’re submitting bids without analyzing past project data, you’re missing out on valuable insights to prepare the most accurate estimate.

Estimating 296

Estimating Bidding Profitability Foundation 296

Construction Business Owner

MARCH 1, 2024

Strategic Cost Estimation for Contractors in 2024 ccapoccia Fri, 03/01/2024 - 16:03 As we navigate the complexities of the construction industry in 2024, the ability to provide accurate cost estimations remains the cornerstone of a contractor’s success.

Estimating 156

Estimating Contractors Roads Profitability 156

Job Order Contracting

JUNE 1, 2022

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. CORE PRINCIPLES.

Estimating 227

Estimating Construction Procurement Architecture 227

Job Order Contracting

MAY 24, 2023

Poor Construction Estimates – Root Cause The are two primary root causes of poor construction cost estimates: Lack of early and ongoing communication between all relevant parties. via 4BT.us – Verifiable local market granular construction cost data and support program and estimate management technology.

Estimating 200

Estimating Construction Organization Management 200

Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

Estimating 248

Estimating Construction Procurement Overhead 248

Construction Business Owner

JUNE 15, 2022

Estimating Software as a Critical Investment. When Don Pearson struck out on his own to start Tenex Contractors in early 2021, he brought along a trusted partner: the enterprise-class software for estimating that he was familiar with. Wed, 06/15/2022 - 11:00.

Software 295

Software Software Estimating Contractors 295

Job Order Contracting

AUGUST 3, 2022

Accuracy is a very common term used in describing the primary attribute required in construction cost estimates. The use of the term accuracy in concert with a construction cost estimate is questionable is questionable at best but is sheer lunacy if the standard is the final construction cost! – Oxford Languages.

Estimating 202

Estimating Construction Procurement Renovating 202

Job Order Contracting

MAY 4, 2023

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.

Estimating 196

Estimating Construction Risk Documentation 196

Job Order Contracting

MAY 21, 2022

Effective construction cost estimating must be done at a detailed line-item level using local market data. contact-form] The post Effective Construction Cost Estimating appeared first on 4BT. Learn more?

Estimating 231

Estimating Construction 231

Job Order Contracting

SEPTEMBER 18, 2023

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.

Estimating 201

Estimating Construction CSI Compensation 201

Job Order Contracting

APRIL 26, 2022

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service.

Estimating 238

Estimating CSI Procurement Construction 238

Construction Business Owner

AUGUST 27, 2023

Replace Spreadsheets for Faster, More Accurate Estimating ccapoccia Sun, 08/27/2023 - 12:36 “Slow” and “clunky” are adjectives Jeff Sparkowich used to describe estimating with spreadsheets. The estimator at New Hampshire dismantling and sitework contractor S.J.

Estimating 156

Estimating New Hampshire Software Software 156

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. A credible cost estimate is one that has been derived using local market granular information. A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 185

Estimating Construction Renovating Products 185

The Constructor

APRIL 9, 2022

Analogous estimating is an estimation technique that uses the historical data of old projects to estimate the cost for similar new projects.

Estimating 167

Estimating 167

Cassell Construction Estimating

OCTOBER 5, 2023

Intorducing The New Sage Estimating To Vista Exporting Tool Quickly convert your sage estimates into a viewpoint vista project management budget Works with the sage estimating versions 9.8

Sage 130

Sage Estimating Subcontracting Viewpoint 130

Job Order Contracting

MARCH 3, 2022

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

Estimating 210

Estimating Construction Procurement Regulation 210

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate. ” Preparing an Owner’s Estimate.

Estimating 264

Estimating Contract Documentation Office 264

Job Order Contracting

JUNE 21, 2023

This enables simplified data management and the ability to update estimates with various other databases as needed. #4 Our platform can manage multiple Programs, Contracts, Proposals, Estimates, Work Orders, Documents, Forms, Contractors/Subconstractors, Teams, Buildings, Graphics, Issues/Tasks, and even leverage BIM information.

Estimating 214

Estimating CSI Defense BIM 214

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Estimating Training – Bid Day Emergency – File Won’t Open I had an urgent support call recently from one of our Montana contractors who use Timberline Estimating. Here’s how: Make sure EVERYONE is out of Timberline, (both Accounting and Estimating). We specialize in Timberline Estimating Training, give us a call.

Estimating 100

Estimating Bidding Montana US 100

Job Order Contracting

MAY 21, 2022

There is only one sole source of truth for construction cost estimating, locally researched detailed line-item unit price data and associated quantities. contact-form] The post Construction Cost Estimating – Single Source of Truth appeared first on 4BT.

Estimating 227

Estimating Construction Defense Risk 227

Job Order Contracting

SEPTEMBER 21, 2022

NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information. The post JOC Program Line-item Estimating appeared first on 4BT. Verify all aspects of the direct work (e.g.,

Estimating 197

Estimating Comparison Electrical Organization 197

Cassell Construction Estimating

OCTOBER 5, 2023

Focus: Estimating & budgeting for Department of Defense projects, facilities, manufacturing, and public utilities. contractors, government agencies, owners Quick evaluation: Easy to use right out of the box for estimating & budgeting. 1 Disadvantage : US Cost Success Estimator is a mature product with little active development.

Estimating 100

Estimating US Defense Budgeting 100

Job Order Contracting

JULY 24, 2023

The ONLY cost estimating solutions with C URRENT, LOCAL MARKET, LINE ITEM construction cost data! Estimate FASTER and with CONFIDENCE! contact-form] The post Take CONTROL of your CONSTRUCTION COST ESTIMATING appeared first on 4BT.

Estimating 131

Estimating Construction 131

Job Order Contracting

MARCH 9, 2021

Unit Pricing Estimating within the CSI MasterFormat is the most reliable and efficient means of ascertaining construction costs based on materials, labor, and equipment content, and it just got better. Unit Price Estimating. All costs are summed to obtain the total estimated construction cost. Submit a form.

Estimating 263

Estimating CSI Construction Equipment 263

Job Order Contracting

MARCH 5, 2021

Construction cost estimate validation is a process to determine the relative level of reliability. Any use of the work accuracy with the word construction estimate is simply foolish. Construction cost estimate validation is basically an objective risk analysis and assessment of information reliability. via Four BT, LLC.

Estimating 161

Estimating Construction Materials Risk 161

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Software Support Issues Listed below are 4 common Timberline Estimating issues and their solutions. Issue: Attempting to open a Timberline Estimate, message appears, “File needs to be inspected”, followed by message, “File is corrupt” a. Issue: Estimator uses hours as takeoff unit for Labor items, for crew-based tasks.

Estimating 100

Estimating Software Software Budgeting 100

Job Order Contracting

AUGUST 18, 2023

What’s involved in creating detailed line item construction cost estimate? The contruction cost engineer/estimator develops or selects a task description defining the type of effort or item to be constructed. 4bt.us [contact-form] The post Creating a detailed line item construction cost estimate appeared first on 4BT.

Estimating 134

Estimating Construction Equipment Materials 134

Viewpoint Construction Technology

JULY 20, 2023

There are many reasons to adopt integrated construction software, including flexibility, organization, and project management.

Software 320

Software Software Estimating Project Management 320

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Using the term “accurate” or “accurate costs” in conjunction with construction cost estimating is a fools errand. “ By definition, a construction cost estimate is an approximation. Absolutely not!

Estimating 168

Estimating Construction Procurement Renovating 168

Job Order Contracting

JULY 26, 2023

National Average Cost Data inaccurately estimates project costs and the use of location factoring or economic factoring are insufficient to rectify the issue. National Average Cost Data inaccurately estimates project costs and waste billions of dollars annually. Leverage local market cost data.

Estimating 130

Estimating Sustainability Management Construction 130

Cassell Construction Estimating

OCTOBER 5, 2023

FIRST – MAKE A COPY OF THE ESTIMATE- IT IS POSSIBLE THAT SOME UNFORESEEN CHANGES COULD OCCUR, AND A BACKUP OF THE ORIGINAL IS THE SAFEST WAY TO GET BACK TO WHERE YOU WERE, IF NECESSARY !!!! In the new copied estimate), from the Pricing menu, select Reprice Crews. These steps will copy the new Rate Tables into the Estimate.

Estimating 100

Estimating Equipment Consulting Software 100

The Constructor

JANUARY 29, 2020

Cost estimation of a project is the process of forecasting the probable cost for the due fulfillment of the project objectives, to the prescribed.

Estimating 246

Estimating Forecasting Construction Engineering 246

The Constructor

AUGUST 6, 2022

The post How to Estimate Rate of Evaporation on Concrete Surface? If the rate of evaporation is high, concrete surface can lose water quickly, leading to workability issues and plastic shrinkage cracks. Plastic shrinkage cracks make the concrete vulnerable to ingression of water and chlorides and provide an unpleasant […].

Concrete 247

Concrete Estimating Materials 247