Your current Cost Estimating Databases are wrong for Estimating today's & future Construction Projects:

Are you producing estimates that are incorrect & under valued with your current:

1. Construction Cost Database.
2. Estimating Books.
3. Estimating Programs & Software.

Are these resources out of date even before you open them, some of these supposedly current cost databases / publication were produced 9, 12 or 18 months back or even longer, prior to all the problems we have encountered in the last 6 months. ?

The question is does your construction cost database(s) include / account for these?problematic issues that the construction sector has experienced.?the answer is most probably NO.

20% to 30% of construction cost overruns can be attributed to utilizing incorrect estimating costs data, imprecise labor installation man-hours and flawed productivity projections, together with understated construction equipment utilization values.

Just think of all the challenges that the construction industry has encountered in the last 12 to 24 months.

• Oil / gasoline / petrol has increased by more than 45%, gasoline prices in California are more than $6.50 a gallon, just about double from 12 months ago.
• Supply chain issues.
• Skyrocketing inflation (construction materials & components have increased by 7.5% to over 20% in some cases).
• COVID / OMICRON is still in effect in some locations (social distancing, masks, temperature checks, smaller work crews, etc).
• Worsening construction labor productivity.
• Construction material shortages & delivery delays.
• Construction material cost spikes.
• Increased costs of General Conditions / Preliminaries & Site Establishment requirements.
• The ongoing problems related to the Russia - Ukraine war.

Estimators / Quantity Surveyors / Cost Engineers & all Construction Professionals need to be aware that we will continue to see increased construction materials prices & material shortages in the 1st half of 2022 resulting in increased project costs.

Compass International is the leading provider of US & International Construction Cost Data.

We are constantly monitoring and updating our databases, we believe our cost data closely reflects the current day market construction industry pricing level.

?Our (8) detailed publications are appropriate for:

A. Process Facilities, Refineries, Power Plants, Pipelines, Chemical & Metals Facilities, Wind Power / Offshore & Onshore Wind Farms, Mining Facilities & Offshore Construction, FPSO’s, SPAR’s etc.

B. General Construction (Hi-Rise Buildings, Airports, Hospitals, Schools, Hotels & Offices & Warehouses etc.).

C. Pharmaceutical, Bio, Clean Rooms, Computer Chip Manufacturing Centers, Food / Beverage Production & Medical Device Facilities.

D.?Infrastructure Construction (Highways / Roads, Bridges Tunnels, Ports & Railways).

We provide current cost data on 125 countries located in the USA, Canada, Mexico, Europe, the Middle East, Asia, Australia, New Zealand, Africa & South America.

Construction costs are constantly changing, many Owners, Architects / Engineers, Contractors, Construction Professionals & Estimators don’t have the time or resources to monitor these constant price & productivity changes, we do the research work for you.

Our (8) up to date cost estimating databases will assist you in this difficult cost & schedule environment. You can review our samples / table of contents & order our books / PDF’s online by clicking?www.compassinternational.net/books/

If you have any cost or estimating questions contact John McConville CCP Compass International +1 (609) 577 4505 or by email?[email protected]/