Construction Cost Optimization
The Guide to Construction Cost Optimization provides a road map for applying best management practices to drive financial visibility and transparency.
The Guide to Construction Cost Optimization provides a road map for applying best management practices to drive financial visibility and transparency.
Better CONSTRUCTION COST ESTIMATION workflows can be used by owners and design-builders to better navigate the journey to improved cost visibility and cost management.
Engage in data driven cost estimating with objective, verifiable, and current local market labor, material, and equipment price books from 4BT (Four BT, LLC).
Target Value Delivery (TVD) is “a management practice that drives the (design and construction) to deliver customer values within project constraints”
Validating an “optimized” TAKT plan is challenging, if not impossible, without access to an objective and granular local market database of construction tasks.
From preconstruction through procurement and project delivery, actionable construction cost data is required for cost control.
Master Builder Concept
“Accurate construction cost estimates” is a misnomer, however, and estimate can and should be Objective, Current, Granular, and reflect LOCAL Market Labor, Material, and Equipment costs.
Facilities sustainment – The maintenance and repair activities necessary to keep an inventory of facilities in good working order. It includes regularly scheduled adjustments and inspections, preventive maintenance tasks, and emergency response and service calls for minor repairs.
Construction Aggregates The U.S. Geological Survey (USGS) defines the construction aggregates industry as those companies that mine and process crushed stone and […]
GSA PBS JOC Program Management Audit shows continues issues with cost control and accountability.
These are the top six reasons construction projects fail.
Public sector facilities management has not measurably improved for decades. The reason is simple. Lack of organizational development readiness. Despite the availability […]
Improving Job Order Contracting outcomes requires transformational change. We have yet to reach a point where JOC is valued for more than simply speeding procurement times.
Looking for a better Job Order Contracting application? The 4BT OpenJOCTM Solution is just that!
If you are looking for a better job order contracting solution, it’s time we talked.
Introducing LEED V5, the next version of the globally recognized comprehensive framework for green building practices. Embracing market demands for greater accountability, v5 will champion solutions to aligning the built environment with critical imperatives including decarbonization, ecosystem conservation and restoration, equity, health, and resilience. LEED v5 will drive real-world impact and positive change worldwide.
While the concept of providing a standardized security approach may have been sound, FedRAMP limits Construction Productivity and Innovation,
Beware of Using Assemblies for Job Order Contracting. Some suppliers of Job Order Contracting software and cost data use “Assemblies” within what is supposed to be a unit price book (UPB). Line item estimating provides a detailed and transparent breakdown of costs, making it easier to track expenses and communicate with stakeholders.
AECOO Engagement, Alignment, and Sharing of Objective, Current, Veriable Information = Efficient Construction Delivery Strategy
Sustainability and Efficient Facilities Lifecycle Management go hand in hand.
Objective, reliable, and veriable Construction Cost Estimates for repair, renovation, maintenance, new build activities.
Integrated Project Construction Delivery Solution thar provides a standardized approach to construction data collection that collates and shares data on all public sector projects across all locations in a common format across public and private sector audiences to leverage the latest methods and tools supporting optimal project planning, costing, procurement, delivery, and management,
For over 30 years, the Department of Defense (DOD) has spent billions of dollars each year to acquire and modernize financial management, […]
Alliance Contracting / Alliance Partnering in ConstructionWhen properly designed, implemented, and managed, drives innovation, collaboration, and best value outcomes for all parties.
A credible cost estimate is one that has been derived using local market granular information. A unit cost is assigned to each of the facility components or construction tasks as represented by the bill of quantities.
Sustainability and Facilities Management in the Public Sector are critical issues from both environmental and economic perspectives. Due to increasing concern about […]
Entropy, Facilities Mangement, and the AECOO sector have more in common than they should.
Characteristics of Best Value JOB ORDER CONTRACTING… Real proper owner capability, leadership, commitment, and accountability Integrated internal and external planning, procurement, and […]
What’s involved in creating detailed line item construction cost estimate contains a complete and accurate descriptions aof a granular construction task to credibility support analysis. Unit prices and quantities include individual LOCAL MARKET labor, material, and equipment information and cost breakdowns as well as crew and productivity information.
Controlling construction costs is not rocket science, nor does it involve time travel. Facilities repair, renovation, maintenance, and new build projects can be delivered on time and on budget.
Relationship-based Job Order Contracting – Enabling commitment based upon a mutual set of expectations and an understanding of acceptable behaviors of each […]
Construction Cost Data Integrity is one of the most overlooked items in preparing a detailed Scope of Work.
Many in the public sector are unaware of the construction cost estimating issues caused by the use of national average cost data and locatio factoring.
MOST Construction Cost Data is Useless as is it not researched properly and objectively for local market conditions.
JOC contractor evaluation is an ongoing process, begining with their response to a Job Order Contract Request for Propsals for design-builders and continuing throughout the life-cycle of the JOC Program.
Developing an efficient JOC Program Framework requires a commitment to collaborative and integrated Planning, Procurement, and Project Delivery teams. Unfortunately most JOC […]
Here’s an example of a JOC Program workflow and associated best management practices for public sector owners and design-builders.
National Average Cost Data inaccurately estimates project costs and the use of location factoring or economic factoring are insufficient to rectify the issue.
The ONLY cost estimating solutions with CURRENT, LOCAL MARKET, LINE ITEM construction cost data! $1500/Year. Estimate FASTER and with CONFIDENCE! […]
DoD FSRM, BUILDER SMS and the LEGACY of Wasteful Politics
Work Scope Visibility in the form of a detailed, well communicated Scope of Work enables teams to acheive best value outcomes.
Systems thinking and Job Order Contracting can be integrated to achieved significant improvement is repair, renovation, maintenance, and new construction outcomes.
Reinforce detail unit line-item construction cost estimating today with CURRENT LOCAL MARKET DATA
Robust process integrating multi-stakeholder engagement enables consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budge. […]
Creating a detailed scoped of work is critical to achieving consistent best value outcomes for all repair, renovation, maintenance, and new construction activities.
Leveraging JOC as a SYSTEM not simply a Procurement Tool provides significantly greater benefits while also reducing costs.
Construction: Integrating People with Robust Process with Standardized LOCAL MARKET Construction Task Data
4BT (Four BT, LLC) is the sole source for current, objective, verifiable, and granular local market cost data that does not rely […]
The are two primary root causes of poor construction cost estimates:
Lack of early and ongoing communication between all relevant parties.
Failure to use granular, current, and well organized construction cost data specific to the local market.
Objectively VALIDATE Contractor and Subcontractor Construction Cost Estimates Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, […]
Better construction cost estimates – Verifiable. current local market labor, material, and equipment costs – updated quarterly.
SIGNIFICANTLY IMPROVE your JOB ORDER CONTRACT #1 Put People First: Center your JOC Program around integrating your Planning, Procurement, and Project Delivery […]
Public Sector Facilities Professionals – Reduce inefficiency, Streamline processes, Improve Quality, Manage Costs
Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management! Move all repair, renovation, maintenance, and new build projects forward with proactive, informed decisions.
Sustainable facilities management is the allocation of financial, environmental, and other organizational resources in the most efficient way possible. Attainment of sustainable […]
A robust Construction Productivity Solution must include the ability to provide support for dealing with the conflicting interests of multiple stakeholders is CRITICAL to consistent achievement of best value construction outcomes.
Systems Enablers for Sustainable Facilities Management are critical considerations for any real property portfolio owner. In fact, they dictate how efficiently or how poorly an organization manages facilities stewardship requirements.
Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The JOCPB (JOC Price Book: reflects the current […]
What’s WRONG with Federal Facilities Mangement
The value of time and motion study is clear. The process enables the accurate definition of labor, material, and equipment requirements to […]
Sustainable Public Sector Facilities Management is Unattainable if current practices are not fundamentally changed.
Even though tools and services are readily available to consistently deliver quality, on time and on budget repair, renovation, maintenance, and new build outcomes, real property owners and facilities management professionals have yet to adopt system thinking. Until this occurs, sustainable facilities management solutions will remain on the shelf.
LEAN Job Order Contracting integrates system thinking within organizations to drive best value outcomes.
Construction Costs – Market Update 2022-2023
In today’s economic environment it may be time to rethink Preventive Maintenance, lower costs 30%-40%, and extend system life up to 10x.
January 2023 two climate requirements for new construction entered into force in the Building Regulations. If you are going to build a […]
Facilities Management and the full AECOO community have a fundamental flaw that is solely responsible for rampant economic and environmental waste; the lack of body of knowledge (BOK or BoK), the complete set of concepts, terms and activities that make up a professional domain.
Facilities STAKEHOLDER CONTINUOUS PARTICIPATION AND INVOLVEMENT are required to assure quality, on time, on budget outcomes.
Uncertainty – The inability to foretell consequences or outcomes because of a lack knowledge or basis on which to make any predictions […]
Improving Facilities Management Outcomes REQUIRES LEADERSHIP. LEADERS must ENABLE people doing the work to leverage their expertise to contribute to problem solving and continuously improve daily activities and processes.
A robust facilities sustainment solution is critical to any real property owner.
All things JOC – Job Order Contracting. Structuring a best value JOC Program requires far more than getting a certification, buying software, or hiring a ‘JOC consultant”.
A Relationship-based Approach to Sustainable Facilities Management is needed to meet current and emerging economic and environmental requirements.
PROVEN FORMULA FOR EFFICIENT FACILITIES Repair, Renovation, Maintenance, and New Construction
Physical Asset Management Optimization: People, Processes, Information, and Technology
What’s WRONG with LEAN Construction?
LEAN Job Order Contracting is the process of integrating planning, procurement, and project delivery for physical infrastructure repair, renovation, maintenance, or new builds, across disparate internal and external teams, within a common data environment (CDE) to consistently enable quality, on time and on budget outcomes.
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An introduction to a LEAN Construction Framework – A Robust Solution fully supported by tools and services. Efficient, balanced, and collaborative Integrated […]
A Solid Construction Project Delivery Framework to better address the complex problems of planning, procurement, and new builds.
The fundamental requirements for achieving adequate cost management with respect to physical infrastructure sustainment and new construction are shown below. Tools and […]
The lack of a basic framework for the construction of facilities is the fundamental cause of rampant environmental and economic waste. The […]
ISO 50001-based energy management system is flawed and will provide little benefit with respect to the environment or cost management
WBS-Work Breakdown Structure Matters for every repair, renovation, maintenance, and new builds. Terms and hierarchy are critical. WBS is significantly enhanced by […]
Current Construction Cost Data CSI Masterformat is critical to cost visibility and cost management for both owners and design-builders throughout the repair, renovation, maintenance, and new build planning, procurement, and project delivery life-cycle.
Facilities Repair, Renovation, Maintenance, and Construction Services requires Obtaining the maximum projected value for each dollar of expenditure and ensuring that all purchasing transactions follow all state, local and federal regulation.
Built Environment Sustainability is critical to environmental and economic security.
The role of procurement in measurably improving construction productivity is critical to consistent achievement of best value outcomes.
Design-Bid-Build (DBB), Design-Build (DB), Construction Management (CM), Design-Build-Operate (DBO), Design-Build-Finance-Operate (DBFO), Integrated Project Delivery (IPD), Project Alliancing (PA), Cost Led Procurement (CLP), […]
4BT, founded in 2016, is a certified veteran-owned small business (VOSB), and was founded by JOC program management, technology, and cost data […]
Learning about Job Order Contracting? What is Job Order Contracting (JOC)? JOC is both a procurement mechanism and a project delivery method. […]
JOC Programs that make sense deliver comprehensive, integrated robust processes, professional services, and enabling software solutions to enable public sector facilities management teams to more efficient mange building and other structure in concert with mission goals.
Looking for locally researched current detailed construction cost data? www.4bt.us
The True Origin of LEAN begins with Henry Ford, the first person to truly integrate an entire production process was Henry Ford. At Highland Park, MI, in 1913 he married consistently interchangeable parts with standard work and moving conveyance to create what he called flow production.
Effective Construction Cost Estimating requires local construction cost data to provide true cost visibility
GHG, SHG, SEC Regulations – Facilities Regs and Reporting Changes Coming Soon
Integrated LEAN Construction Solution
Consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget is possible using an integrated planning, […]
SUMMARY – Moderate Growth Anticipated for the next Decade General Market Q4 2021 – 6.9% annualized growth 2021 – 5.5% annual growth […]