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COST ESTIMATING
Gerald Spencer has prepared early
preliminary, preliminary, concept, intermediate design, advance final
design, and final
government construction cost estimates as required by Federal Acquisition
Regulations (FARs),
ENGINEER FAR SUPPLEMENT (EFARS),
and/or Department of Defense Federal Acquisition Regulations
(DFARs) for more
than 200 federal government projects during the past 35 years.
These construction cost estimates
are
prepared using
the U. S. Army M-CACES (Minicomputer
Aided Cost Estimating System),
the 15 part CSI format, and/or the 12 Part estimating format
that is preferred by the
Department of State on DOS-FBO foreign country projects. Gerald
Spencer has been
trained and certified by CESWF
(Corps of Engineers, Southwestern Division, Fort Worth District) to prepare
construction cost estimates using the U. S. Army M-CACES
(Minicomputer Aided Cost Estimating System) to derive anticipated
construction costs, current working cost estimates and final government cost
estimates.
Spencer Engineers, Inc. (SEI)
has M-CACES Gold Version in-house. Gerald Spencer has prepared construction cost
estimates using the NAFAC (U S Navy Facilities Command) CES (Cost Estimating
System) to derive anticipated construction costs, current working cost
estimates and final government cost estimates. Gerald Spencer has also
prepared construction cost estimates using the NASA Format and Criteria.
Gerald Spencer has also prepared
construction cost estimates using the USAF form 3052. We generally
prefer RS Means cost resources in addition to actual price quotations.
Gerald Spencer has also prepared
construction costs estimates to assist in building owners with insurance
claims due to fire, wind, water
and/or
other damage to their facility.
Using a computer program to estimate or
analyze costs helps to eliminate mathematical errors and saves time.
Also refer to
ECONOMIC LIFE CYCLE COST ANALYSIS
1.
Cost Accuracy
History:
Gerald Spencer has prepared the "Final Government Cost Estimates" for all of our
federally funded projects (more than 200) for the past 30 years where we were the AE of
record for the entire project. This is about 12 construction projects per
year. We have copies of our ACASS records (file number 000463) that indicate that our construction
cost estimates have been accurate and close enough to the lowest publicly
received competitive bid that the government could award a contract of all
of our projects since 1992 according to ACASS records. Prior to 1992 we do not have ACASS records
available but we prepared accurate
construction cost estimates since 1971 and did not have any instance where the
government could not award a project due to any inaccuracy in our
construction cost estimates.
2.
All SEI
designers are normally the construction cost estimator
for their projects. This keeps our designers abreast of current
construction costs. We prepare the "Final Government Cost Estimates" that
are used at the project bid openings in accordance with the FAR's & DFAR's. We
also have the designers perform construction contract administration for
projects that they design to assure the constructability of their designs.
3.
PROGRAM,
CONCEPT, PARAMETRIC AND EARLY PRELIMINARY CONSTRUCTION COST ESTIMATING:
Spencer Engineers, Inc. (SEI) designers have many years’ experience and can prepare cost estimates for
funding purposes without a design or documentation. SEI designers have past
experience of many completed projects and the current construction cost
criteria that enables each designer to provide a cost estimate for systems
that are minimally defined and/or minimally documented. It is impossible
for even the most experienced estimator to know what each designer has in
mind for a new facility, and this is why the designers need to be cost
estimators to better arrive at parametric construction costs. (The designer
might not have fully decided what will consist of the final design.)
4.
CONSTRUCTION
COSTS DURING DESIGN:
Gerald Spencer
updates cost estimates during the design phase and advises the client when
it appears the cost estimate will exceed allowable construction funds.
The SEI designers are normally the construction cost estimators for
their portion of a project. We use M-CACES or the CSI estimating
system for interim construction cost
estimating at various stages of design. We advise clients of projected
construction costs and recommend changes when they exceed project funding.
5.
cost analysis:
Gerald Spencer has also reviewed
many construction cost estimates for construction contract modification
proposals and for 8A negotiated contracting.
6.
CONSTRUCTION
COST
control:
All SEI
designers also perform construction contract administration for our projects
to assure the constructability of our designs within the funds available and this tends to minimize construction
problems.
7.
INSURANCE CLAIM
COST
DAMAGE ESTIMATING:
Gerald Spencer has prepared construction cost estimates to assist owners
with damage claims against their insurance carriers. |
