Access objective, verifiable, and current local cconstruction cost data for commercial construction, repair, renovation, maintenance, preventative maintenance, and new builds.
Unlike traditional cost databases that rely upon national or regional averaging and use construction cost factors, 4BT detailed line-item construction cost data use LOCAL MARKET labor, material, and equipment costs and productivity based upon comercial standards and up to date crew information.
30%-40%+ higher construction cost visibility vs. “market leading” national average cost data
The result is an overall 30%-40% or greater level of cost visibility, a critical point for any real property owner or design-builder. Furthermore, cost data is updated quarterly and/or as available to provide the most representative information per location per the current environment.
The 4BT OpenCost(TM) construction cost database is available within a supporting cloud technology platform, PDF, or Microsoft Excel (TM) to qualified users.
Physical infrastructure development should be underpinned by transparent planning, procurement, and project delivery information sharing and decision-making processes that facilitate meaningful, inclusive and participation among owners, architects, engineers, and builders.
Local Construction Cost Data – Examples: Atlanta-Seattle-Dallas:
At 4BT, we prioritize a transformational approach benefiting all stakeholders by empowering organizations to reduce administrative burdens, mitigate waste, improve quality, and shorten project delivery cycles. Our uniquely collaborative model enhances decision-making by providing current, objective, and actionable information to our clients.
Guided by key principles including systems-thinking, integrity, value delivery, respect, and transparency, we aim to make a significant impact in public sector organizations and facilities management. Poorly developed budgets can undermine credibility, while cost overruns and project delays affect mission-critical operations.
Establishing trust with stakeholders from diverse backgrounds is crucial. Real property owners, designers, engineers, builders, suppliers, and others must foster positive relationships for effective communication. At 4BT, we facilitate integration of internal and external teams in a supportive, transparent, and productive environment, prioritizing collaboration and communication for project success.
Learn more about our approach and the importance of local market cost data for construction projects: [Link to article](https://lnkd.in/eJghJ-54)