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Guide to Cost PrediCtability in ConstruCtion

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Guide to Cost PrediCtability in ConstruCtion :an analysis of issues affeCtinG the aCCuraCy of ConstruCtion Cost estimatesPrepared by the Joint Federal Government / Industry Cost PrediCtability Taskforcenovember 2012Guide to Cost PrediCtability in ConstruCtion : An Analysis of Issues Affecting the Accuracy of ConstruCtion Cost EstimatesNovember 2012Table of ContentsNote from the Taskforce Chairman.

• consider possible scope variations in the tender as a contingency to adjust to the owner’s budget; • give designers sufficient time to finalize 100% bid documents for the pre-tender estimate; and • allow cost consultants or estimators sufficient time to prepare and finalize pre-tender estimates. During Tender

  Tender

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