article thumbnail

Common construction cost estimating problems

Job Order Contracting

Key issues related to cost factors: Fluctuating Material Costs: Prices of construction materials can significantly vary based on market conditions, supply chain issues, and seasonal fluctuations, making accurate cost estimations challenging.

article thumbnail

How to Estimate Construction Costs   

Autodesk Construction Cloud

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. Far and away one of the most common reasons, however, is inaccurate budget estimates. When it comes to construction, estimating costs is a towering challenge. When it comes to construction, estimating costs is a towering challenge.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. Most IGEs do not use appropriate data sources and this is particularly true for CONTRUCTION activities (repair, renovation, maintenance, new builds).

article thumbnail

Placing AI Front and Center for Infrastructure Week

Civil + Structural Engineer

By Andrew Anagnost, President & CEO, Autodesk Critical investment in infrastructure is top of mind for governments and businesses; however, to be successful in building for the future, we need to unlock the potential of AI. There are many ways in which AI can help us overcome capacity constraints when it comes to building for the future.

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

Unexpected Increase in Housing Starts and Permits in October

The Pro Builder

Unexpected Increase in Housing Starts and Permits in October ibush Mon, 11/20/2023 - 08:49 The Midwest and West posted the strongest home building activity in October According to the U.S. increase from the revised September estimate (1,346,000), HousingWire reports. Department of Housing and Urban Development and U.S.

Permits 130
article thumbnail

Stantec enters design phase for US$100 million Tampa Bay Water potable water supply project in Hillsborough County

Civil + Structural Engineer

The Tampa Bay Economic Development Council estimates the county will grow by a further approximate 8% by 2026. Stantec and Tampa Bay Water are united in our mutual goal of enhanced water delivery and building a lasting, effective system for years to come.” percent increase in 2023, according to the U.S. Census data.