National Average Cost Data inaccurately estimates project costs and the use of location factoring or economic factoring are insufficient to rectify the issue.
The traditional use of national average cost database and location factors has resulted in significant lack of cost management across the public sector.
Facilities sustainment and repair as well as new construction costs have not been well represents of managed for decades across the Federal, State, and Local Government levels.
Current, actionable, and verifiable local market detailed unit price costs are now available.
National Average Cost Data inaccurately estimates project costs and waste billions of dollars annually. Leverage local market cost data.