Cost Estimating

Leading provider of independent first principles-based Cost Estimating services with technical capabilities augmented with extensive design and construction expertise.

 

We provide cost estimating, scheduling and other cost engineering services for the construction industry.  We believe a thorough understanding of how a project is to be constructed, and the risks and issues to be overcome, is essential for accurate cost and schedule estimates. Our team has extensive experience of delivering major construction projects on site working for civil engineering contractors and design firms.  Our approach is to combine this construction know-how with estimating and scheduling expertise.

We work for contractors, project owners and other organisations across all of the project lifecycle.  Our services include:

 

Planning and Appraisal

We produce cost estimates at all stages of the project lifecycle.  Our construction know-how enables us to understand what is required to deliver a project and the risks to time and budget.

 

Cost Reviews & Contract Sum Negotiation

We have two decades of experience acting as Independent Estimator for clients, reviewing cost submissions and negotiating contract sums, particularly on target cost contracts.

Our team has negotiated final target costs for projects ranging from $20 million up to $400 million in value. Benchmark has consistently been able to deliver savings of 5% or greater for clients in a variety of contract environments including:

  • Early Contractor Involvement
  • Alliance
  • Build Own Operate and Transfer
  • Design & Construct
  • Design, Construct and Maintain
  • Process Design & Implementation

 

Estimating Processes and Manuals 

We design and implement tailored estimating processes for our clients using our specialist construction cost engineering experience allied to best practice standards such as the AACEI’s Total Cost Management Framework.  Recent commissions include:

  • Estimating process design and procedures
  • Authorship of cost estimating manuals
  • Development of Work Breakdown Structures
  • Development of Cost Breakdown Structures
  • Contract Sum Review and Negotiation

 

Contact MIEngineers for an obligation-free discussion on how our Cost Estimating services can benefit your projects, your organisation and your community.