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Beyond construction estimation software, U.S. COST construction market conditions analyses raise the accuracy of project bids. These studies are performed either in conjunction with developing detailed estimates, or as a stand-alone exercise. The market analysis team will canvas the local construction market for current and projected material, equipment and labor cost information, and we will monitor and assess international and national market conditions that impact the availability of high demand materials and equipment.
Our team will make contact with major material suppliers to ascertain their stock level and procurement capabilities, in addition to pricing for bulk quantities in the range of the new project requirements. And we will research labor costs in regards to the availability and hourly rates for tradesmen in the crafts and skill sets required for the project.
Our approach goes further than construction estimation software, as we personally interview contractors, subcontractors, and suppliers to anticipate the likely response and the bid climate at the time the documents will be issued for competitive bid. This enables us to further refine prime and subcontractor overhead, profit, and other project markups.
U.S. COST Construction Market Analyses portfolio includes:
Visit our projects [link to 3.0] to review more of our work in cost estimation.
Discover more about how our constructability studies can keep you bid on target. Contact a U.S. COST representative to learn more.
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