Job Order Contracting

JUNE 27, 2024

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Work as part of an integrated planning, procurement, and project delivery team. Also remember that there so NO SUCH THING as an “accurate construction estimate.”

Estimating 87

Estimating Project Management Consulting Procurement Project Management 87

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 83

Estimating Change Management Procurement Project Management 83

Job Order Contracting

MAY 24, 2023

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

Estimating 89

Estimating Material Handling Schedule Management Change Management 89

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 86

Estimating Facility Management Construction Equipment Procurement 86

Job Order Contracting

DECEMBER 8, 2024

Challenge and improve construction cost estimating methods by enhancing data and ensuring process standardization. Improving construction cost estimating data and processes are central to significantly enhancing cost visibility and cost management. Robust Construction Cost Estimating Requirements: #1. Leadership support.

Estimating 64

Estimating Construction Equipment Construction Management Facility Management 64

Job Order Contracting

MAY 28, 2024

Reliance upon traditional and flawed techniques of planning, procurement, and project delivery methods. Archaic cost estimation methods such as the use of historical data, lump sum subcontractor quotes, and/or national average cost data and location factors, area cost factors, and/or economic factors.

Estimating 76

Estimating Procurement Communication Architecture 76

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 89

Estimating Structural Systems Schedule Management Risk Management 89

Construction Enquirer

JULY 17, 2023

The Construction Delivery Partner (CDP) frameworks now out to bid will form the design and build delivery runway within the new procurement model. Works will cover complex capital projects from £5m-£100m and have been split into two lots.

Ramps 214

Ramps Building Design Procurement Estimating 214

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

Procurement 88

Procurement Lean Construction Change Management Project Management 88

Job Order Contracting

MAY 25, 2020

Early planning, design, and procurement stages influence cost, timing, quality, and overall repair, renovation, maintenance and new builds, and are critical to achieving optimal outcomes. The latter are fundamental to verifying contractor quotes and creating internal government estimates (IGEs).

Procurement 86

Procurement Lean Construction Facility Management Building Optimization 86

Construction Enquirer

MAY 24, 2023

Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes.

Modular Construction 201

Modular Construction Property Management Procurement Painting/finishing 201

Job Order Contracting

MARCH 21, 2022

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

Estimating 88

Estimating Procurement Construction Equipment Lean Construction 88

Job Order Contracting

AUGUST 15, 2024

Isn’t it time for owners, designers, engineers, and builders to STOP thinking about accurate construction cost estimates? The fact of the matter is that there is no such thing as an “accurate construction cost estimate” Measuring accuracy requires a reliable reference point or datum. and new construction service.

Estimating 75

Estimating Construction Equipment Procurement Building Materials 75

Construction Enquirer

JUNE 7, 2023

Twenty-four contractors have secured places on procurement group NEPO’s next-generation construction framework. The refreshed construction framework for councils and public bodies in the north east is estimated to be worth around £800m.

Public Works 190

Public Works Infrastructure Development Procurement Estimating 190

Job Order Contracting

FEBRUARY 10, 2021

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Tools and services should be procured to support owner requirements. Collaborative Construction Procurement Planning Drives Best Value Outcomes.

Procurement 86

Procurement Collaboration Project Management Consulting Building Information Modeling (BIM) 86

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 83

Estimating Material Storage Building Standards Building Permits 83

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

Estimating 68

Estimating Procurement Construction Equipment Lean Construction 68

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 80

Estimating Cost Control Project Management Consulting Construction Equipment 80

Construction Enquirer

MAY 15, 2023

Health chiefs are looking to appoint four main supply chain contract partners for an estimated £600m pipeline of work over four years. Since the current framework was introduced, more than 28 projects have been procured by NHS organisations.

Project Management Consulting 186

Project Management Consulting Procurement Project Management Contracts 186

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating 61

Estimating Quality Assurance Procurement Building Materials 61

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 59

Estimating Integrated Project Delivery (IPD) Procurement Lean Construction 59

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. In other words, robust, LEAN process takes precedence for all associated projects.

Estimating 58

Estimating Collaboration Integrated Project Delivery (IPD) Lean Construction 58

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 60

Estimating Procurement Maintenance Construction Equipment 60

Construction Enquirer

AUGUST 14, 2023

Lendlease revealed its latest estimate in disappointing group results for the year to June 2023. Lombardo said the estimate did not include potential clawbacks from third parties, including insurancer and the supply chain. The committed remedial spend will be spread over a period of at least seven years.

Estimating 163

Estimating Procurement 163

Job Order Contracting

SEPTEMBER 8, 2020

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.

Estimating 60

Estimating Procurement Lean Construction Maintenance 60

Construction Enquirer

JULY 30, 2023

Procurement body YORhub has picked 20 firms for its third-generation civil engineering framework covering the Yorkshire and Humber regions. Separated into two regional frameworks together worth an estimated £800m, they will replace YORcivil2, which is due to expire in August.

Engineering 189

Engineering Procurement Estimating 189

Construction Daily News

SEPTEMBER 7, 2024

The Kentucky Transportation Cabinet (KYTC) plays a vital role in managing construction procurement for various projects across the state. Understanding the processes involved in KYTC construction procurement is essential for contractors and stakeholders looking to engage effectively.

Procurement 52

Procurement Environmental Impact Assessment Stakeholder Engagement Risk Management 52

Job Order Contracting

AUGUST 15, 2023

Public Sector Construction Procurement is BROKEN. Each and every day the procurement of facilities repair, renovation, maintenance, and new construction services occurs without any current, objective, verifiable cost information. This activity is in direct violation of the fiducicary responsibility of public sector organizations.

Procurement 52

Procurement Estimating Maintenance Collaboration 52

Rapport3

NOVEMBER 21, 2023

Better Project Estimation Using historical data and market insights, Rapport3 helps create more accurate project estimates. Simplified Procurement Processes Rapport3 streamlines procurement. By integrating budgets, expenses, and resources, it gives a full view of project finances.

Architecture 105

Architecture Risk Management Cost Control Material Handling 105

Job Order Contracting

JULY 19, 2020

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Since other levels or types of cost estimating can’t meet this level, care should be given as to what form of cost data is being use. Introduction.

Estimating 62

Estimating General Contracting Building Materials Manufacturing Insurance Management 62

Job Order Contracting

MAY 5, 2023

That said 80%+ of all projects are late or overbudget largely due to an inadequately detailed and poorly communicated Scope of Work (SOW) and associated cost estimate. Questions every real property should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #2

Construction Management 85

Construction Management Estimating Procurement Change Management 85

Job Order Contracting

JUNE 2, 2022

Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis. FACTORS IMPACTING AN ESTIMATE. Well-documented? CORE PRINCIPLES.

Construction Management 88

Construction Management Lean Construction Estimating General Contracting 88

CCR Magazine

JANUARY 14, 2024

He has served as Project Controls Manager, Chief Estimator, Senior Manager, and Project Manager for a variety of infrastructure projects. Levels of contamination range from Non Hazardous to Hazardous including Low Level Rad, Mixed Waste, and Materials of Explosive Concern.

Estimating 52

Estimating Quality Control Schedule Management Cost Control 52

CCR Magazine

AUGUST 7, 2024

CFC Construction is thrilled to announce the promotion of Josh Thall to Director of Procurement. With that project nearing completion, CFC leadership is confident the time is right to give Josh the reins on CFC’s procurement activities. We bring a true field-first focus, providing the right solutions to get your buildings built.

Procurement 52

Procurement Project Management Green Building Construction Management 52

Job Order Contracting

AUGUST 11, 2022

JOC is both a procurement mechanism and a project delivery method. When designed and managed properly, JOC integrates planning, procurement, and project delivery processes and teams under a consistent programmatic workflow. Do I need to procure a set of technical specifications from a JOC products and services provider?

Contracts 87

Contracts General Contracting Procurement Project Management Consulting 87

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. 4bt.us [contact-form] The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT.

Procurement 52

Procurement Lean Construction Change Management Project Management 52

Job Order Contracting

DECEMBER 13, 2022

Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time. Automated Estimate Comparison. Budget and Estimate versus Actual and Committed Budget Tracking. Proposals/Quotes/Estimates.

Facility Management 93

Facility Management Sustainability Building Information Modeling (BIM) Change Management 93