ATLANTA, GA. — RIB U.S.COST, the world’s leading 5D construction project delivery software and professional services provider, today announced they have signed a Phase I Agreement to provide Professional Cost Estimating Services to support the City of Miami Beach on the Miami Beach Convention Center Renovation.
RIB U.S.COST will provide independent professional cost estimates to assist the City to establish, validate, and control reliable budgets for their capital expansion programs. This task order will entail preparing construction estimates on behalf of the city to evaluate and reconcile estimates and proposal submitted by the Design Build (D-B) teams. The D-B team is expected to provide a guaranteed maximum price (GMP) at the 30% Design phase stage. RIB U.S.COST’s services will support overall cost and risk control of the project for the City of Miami Beach.
Regarding the opportunity of supporting the City of Miami Beach on this highly visible and important project, Glenn Wilcox, Vice President of RIB U.S.COST based in Miami says “RIB U.S.COST is excited to have the opportunity to support the City of Miami Beach on a project that will have such an important regional economic impact. Our plan is to utilize our local knowledge and resources, and RIB technology to develop estimates, schedules, and 5D simulations and related analysis to provide the project team with a means to understand the project scope, constructability, and related costs. Our use of New Technology and New Methods provides the project team a means to create sustainable value to the project lifecycle”. RIB U.S.COST will provide these services through their current contract with the City of Miami Beach.
The City of Miami Beach is planning a complete renovation to their convention center to bring it up to – and beyond – the standards of a regular city convention center.
About RIB U.S.COST
RIB U.S.COST combines technology and industry expertise to deliver a sustainable end-to-end project execution platform. With a global customer based, RIB U.S.COST is the leading provider of 5D software across all industries. The world’s largest construction companies, public administration offices, architecture and engineering firms as well as large companies in the industrial and plant construction segment are now leveraging the RIB iTWO 5D software and capabilities to support their business. Further information can be found at: www.uscost.com.