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TCEP 066: The Importance of Construction Cost Estimating for Civil Engineers

September 13, 2017 By EMI

http://media.blubrry.com/engineeringcareercoach/traffic.libsyn.com/civilengineeringpodcast/TCEP066.mp3

Podcast: Play in new window | Download | Embed

Construction Cost Estimating

In episode 066 of The Civil Engineering Podcast, I talk with Scott Jennings, P.E. principal of SJ Construction Consulting, LLC about the importance of cost estimating for civil engineers.

Here are some of the questions I ask Scott:

  • Can you walk us through the process of putting together an construction cost estimate? What is involved?
  • Do contractors use unit pricing for their estimates, or do they evaluate each individual item in a job and customize the pricing to each of the construction activities?
  • How is job site and/or corporate overhead incorporated into a bid?
  • How is profit/markup handled?
  • Is industry standard for bids to often be unit priced (versus lump sum). How are the unit prices determined by contractors (or civil engineers)?
  • Is there a difference between estimates on bid day and change order estimating?

Engineering Quotes:

Construction Cost Estimating

Construction Cost Estimating

Here are some key points discussed on Construction Cost Estimating:

[Read more…] about TCEP 066: The Importance of Construction Cost Estimating for Civil Engineers

Filed Under: Project Management, TCEP-The Civil Engineering Podcast Tagged With: Building good relationships, Civil Engineers, Construction Cost Estimating, corporate overhead, Job site overhead, pricing at the contractor level, profit, risk in construction, takeoff

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