The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

As pressure increases to understand capital cost prior to the first spade touching dirt, more healthcare owners are turning to a Parallel Estimating process to improve understanding of exposure and ...

One of the first and most important things to do when planning a building project is learning how to make a construction budget. And regardless of whether you ...

TxDOT uses past price information for the specific items to estimate the cost for a project, LaFontaine said. Past bid ...