Got a question about material costs, cost estimating or take-offs? Our panel of experts from RSMeans are here to help! Search through our archive of answers to previously submitted questions. Or submit a new question using the form below.
As we are budgeting our construction costs for 2014, we struggle with determining an inflation factor to be applied to our actual costs for 2013.
We are primarily TI work, with approximately 10% of our work in shell and site work. Does Reed Construction Data have a point of view as to what we should expect with regards to inflation for these construction costs?read answer
There are 3 parts to this question:
I have been using multiple years of the Building Construction Cost Data to look at the productivity information for various activity items.
My first question is how do you decide what the "daily output" and "labor-hours" for each activity is?
My second question is how do you decide if and when the "daily output" and "labor-hours" should be changed from year to year? Perhaps there is additional information in one of your reference or methodology books?
Thank you in advance for your assistance.read answer
A question was posted to our twitter feed.
Labor growth does not match housing starts growth. Is the housing starts data missing any portions of the workforce?read answer
I am running a course project where students have to estimate the financial feasibility of a land development project. They need to identify unit costs for roads, stormwater, sewerage, electricity, landscaping and various building types.
Of your products do you have one that would be suited to this? Is there a student version available?read answer