OUR CONSTRUCTION COST ESTIMATING PROCESS
Through our proven methodology, we account for every potential cost factor to deliver precise estimates across all construction delivery methods and project types, including design-bid-build (DBB), design-build (DB), construction manager at risk (CMAR), construction management multi-prime (CMMP), public-private partnership (PPP or P3) and integrated project delivery (IPD).
Understanding the cost relationships and impacts in each approach allows our experts to provide accurate cost estimation, reconciliation and bid analyses that typical estimators cannot.
1
Project Kickoff Meeting: Our team starts by taking the time to fully understand your goals and vision. This initial step enables us to minimize any unknowns or discrepancies as measured against the available specific project budget that could result in changes or delays during design, construction, closeout, long-term maintenance and other stages of a building’s life cycle.2
Detailed Quantity Surveys: We then leverage leading takeoff software, physical verification and our proprietary cost database to deliver the most current quantification surveys. Our database includes thousands of distinct project-specific generated material and labor cost models based upon recent in-the-field labor production results and actual vendor-based material and equipment quotations not in the “industry” Construction Cost book “unit cost.”3
Material, Labor & Equipment Pricing: This step integrates our proprietary knowledge from over 500 national project bids a year to track the latest costs and drive informed choices about the longest-lasting sustainable building systems. 4
Tailored Cost Considerations: Our approach goes beyond material pricing, labor rates and equipment costs. We carefully analyze and account for all project factors — from site-specific constraints and market conditions to supply chains and contractor risks — to customize every estimate.5
Expert Quality Review: Finally, our chief estimator reviews progress at each milestone to confirm accurate estimating procedures, data and guidelines and reveal any risks. This expertise and depth of experience help keep projects on time and within budget while meeting quality standards.
