Local market forces play a significant role in cost including the impact of other projects in the local market,
availability of labor and labor costs as well as fluctuating material costs. Means analyzes these forces using its
proprietary databases, contractor’s surveys and local cost research. With Means analysis, owners can adjust budgets
during construction phases based upon real market conditions. For government agencies Means develops custom indexes
based upon its proprietary CCI (Construction Cost Index) to gauge material and labor costs for US cites and towns.
Third Party Validation
– In the commercial non residential market, Means develops third party validation
estimates for institutional Boards of Trustees at the request of the owner’s architect. These estimates are blind
based without regard to the architect’s submittal and used for technical evaluations and local market cost
– The fields of operations research and industrial engineering are contributing to lean
construction. Applicable to the job site and focused on parallel processing methods lean construction will emerge
over the next decade as a key method to reduce waste and improve cost practices during construction. For work
duration studies Means engineers analyze installation cycles for time savings in construction process.
Best Practices Facility Operations and Maintenance
- Cost savings often are identified as a result of
studying peer organizations. Means cost engineers conduct audits to analyze best practices and areas for
improvement, particularly energy solutions, carbon reduction, security and building automation. RCD’s proprietary
databases of architectural plans are analyzed to offer market intelligence about specification trends in
architecture and planning.
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