Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

Historical data and multiple nonlinear regressions allow the development of regional and national compressor station construction component cost estimation models, capable of estimating cost ...

In an industry driven by tight schedules, complex workflows and growing demands for sustainability, building owners and facility managers are turning to artificial intelligence (AI) to bring ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

Sharply lower costs in all categories but material—which was roughly flat—decreased the price of building land pipelines by nearly $3 million/mile. The decrease in total estimated $/mile land pipeline ...