Case Study: 4 Key Tenets for Federal Cost Estimates
A reliable federal cost estimate generally stands atop four principal tenets. Read to find out what happens when one of these tenets is forgotten.
A reliable federal cost estimate generally stands atop four principal tenets. Read to find out what happens when one of these tenets is forgotten.
To celebrate Procurement Month, Gordian shares insights from our team and one of our partners, Tammy Rimes of National Cooperative Procurement Partners (NCPP). We’re honored to work alongside public purchasing and procurement professionals in their efforts to build and maintain safe and reliable community spaces.
Federal methods of cost estimation for new construction, renovation and repair projects are not always up to date. With so many Federal facilities to build and maintain every year, this can be a big problem for government budgets. Here are three Federal estimating guidelines to help keep budget issues at bay.
Developing accurate, thorough and defendable cost estimates on a consistent basis is an arduous and – sometimes – imposing undertaking. But cost item assemblies can make estimators’ jobs easier by providing trusted components that are already vetted for scope completeness and price accuracy.
There’s no single solution for untangling the complex web of factors that threaten to drive up the costs of every DOD construction project. But possessing current construction costs can make that web a whole lot looser.
Breaking news: A disaster has hit your area. Every second counts. Discover how Gordian’s Job Order Contracting solution helps navigate the construction procurement journey through emergencies and natural disasters.
How can you build an estimate for a large, complex project and be confident that your figures reflect actual market costs for different locales? It’s a difficult task. Luckily, there are tools designed to address this exact problem: The City Cost Index and predictive cost data.
There is no one-size-fits-all solution for contracting construction projects for the Federal government. One procurement tool used by military branches and Federal agencies is IDIQ contracting. But not all IDIQ programs are the same.
The U.S. Government Accountability Office (GAO) recently updated their Cost Estimating and Assessment Best Practices Guide. Read this to learn how RSMeans Data Online can help Federal estimators apply the new GAO recommendations to construction cost estimates.
Here are three common reasons Federal construction procurement can be slow and how you can streamline the process with IDIQ contracts like Gordian’s JOC.
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