Construction Economics for April 29, 2024

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

London QS firms merge

​​​​​​​London-based quantity surveyor Piercehill Consulting LLP has merged with cost management and project management firm, Stature London.

Turner & Townsend selected to assist Bristol Airport expansion

Cost management, project management and employers agent expertise on the Bristol Airport expansion will be provided by Turner & Townsend after the consultancy was selected to join the airport’s framework for its expansion activities. The post Turner & Townsend selected to assist Bristol Airport expansion appeared first on New Civil Engineer.

A new, better way to keep up with construction material cost changes

Turn data into actionable intelligence with Gordian’s new Data Insights—Cost Trends Dashboard, powered by RSMeans™ Data. The post A new, better way to keep up with construction material cost changes appeared first on Construction Specifier.

Stakeholder Adoption: 10 Tips for AECO Software Projects

The successful implementation of new technology in the Architecture, Engineering, Construction, and Owners (AECO) industry is not just about purchasing the right tools; it’s about ensuring that they’re adopted and used effectively. The cost of non-adoption can be substantial, leading to wasted investments, decreased productivity, and a failure to realize the potential benefits of the […] <p>The post Stakeholder Adoption: 10 Tips for AECO Software Projects first appeared on CCR-Mag.com.</p>

Constructacademy - Cost Value Reconciliation, The Definitive Guide to CVRs, 20032021

This video explains the basics of a CVR, why they're useful and more importantly how to prepare one. This is the most requested topic from Constructacademy viewers and Richard Wimbush gives a comprehensive explanation of the CVR process. CVRs are an important tool in construction reporting but they are often misunderstood. This can be as a result of the CVR template being too complicated or poorly interpreted. If you want to know how to compile a CVR then look no further than this video

Cost benefit analysis template - Published by You Exec

Have you ever wondered where to start on this when challenged in a meeting. Well maybe this template will help with a straight forward cost benefit analysis approach.

Costing Steelwork June 2022 - AECOM, BCSA, and Building

This quarter’s Costing Steelwork provides an update of the five previously featured cost comparisons covering oces education industrial retail and mixeduse

Mace - UK Market View Q1 2022

The attached report by Mace provides their view on the UK construction market "Construction orders look strong as we go through the first quarter of 2022 however this growth is likely to be tempered by geopolitical factors driving rising oil and gas prices. This, combined with inflation, interest rate and taxation rises will put pressure of the cost of living, the cost of borrowing and construction costs which in turn may translate into a slowing of growth in the economy over the medium term"

Building - Cost model - Low carbon frames, 21022022

Structural frames are one of the biggest contributors to embodied carbon, but issues with data quality and design approaches have made tackling this difficult – until now. Aecom cost consultant Mark Claridge and structural engineer Adam Parkes walk us through the options, obstacles and opportunities

What are the most common methods for estimating construction costs?

What impact due to the recent tax cut and base interest rate hike?

Everyone has been talking about how to manage cost inflation but looking ahead, might insolvencies become the latest top risk to your business?

What is the best way to demonstrate de-mobilisation costs, re-mobilisation costs and any further associated costs that come with project Suspension?

How has Brexit impacted the Construction industry financially?