A construction estimate is an educated guess based on experience and industry standards as to what a specific project with a specific scope of work may cost in a particular area of the country during ...

The cost of construction materials has risen like never before. This, in turn, creates pressure for parties to use cost estimates and budgets rather than "fixed price" contracts. Providing cost ...

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 ...

A description and location of the work. Required completion date, if any. The name and phone number of your department's contact person. Except for very complex projects or where the scope of work is ...

The practice of lowballing the costs and value of local construction projects in order to pay lower fees on building permits should get a lot harder next month.Staff from Aspen's and Pitkin County's ...

Tariffs and expiring energy tax credits are making construction cost estimation difficult, raising project expenses for ...

WASHINGTON, D.C. — The U.S. Department of Energy (DOE) has released its 179D Portal, which hosts two free tools to estimate potential federal tax deductions for installing eligible energy-efficient ...

The Bolts Lake redevelopment project has reached 30% design, bringing with it new cost estimates, construction plans and a tentative start date. The Eagle River Water & Sanitation District and the ...

Washington — The cost of the modernization project at the Soo Locks has ballooned to two or three times what was initially estimated due to inflation, labor and supply chain constraints, lawmakers say ...