Estimating

When it comes to estimating a construction project, accuracy is key. A solid estimate looks beyond the specs and asks key questions. Are there areas for value engineering? Is there undocumented scope? What are the current market conditions? What have similar projects cost to build?

How Riley Can Help

Riley maintains a detailed cost history of every project we build, so we are able to draw from that historical data to develop estimates for a full functioning facility — even when design is in the very early stages. This also proves valuable in identifying aberrations, validating the estimate against cost models, and identifying any features of the project that might demand special consideration. Our 50+ years of contracting experience — combined with close collaboration with the project owner, architect, and key subcontractors — increase our estimating accuracy and lower overall project costs.

 

Cost-Management-Initiatives