Estimating the cost, the quantity of resources (labour and materials) and the programme duration are essential principles for all organisations when undertaking design-and-build projects or programmes.
The benefits of producing estimates to the appropriate level of detail, relative to the stage or status of your project or programme; include
- the ability to make informed financial and investment decisions
- improved cost and resource management
- the ability to set and achieve project budgets
- the incorporation of supplier or subcontractor costs and innovations.
At Binnies, our multi-disciplinary estimating team provides estimating services to a range of external clients in addition to supporting our own internal projects, proposals and frameworks. The estimating team comprises civil, mechanical, and electrical, instrumentation, control and automation estimators, most of whom have either an engineering or construction background and the ability to review, develop and check the project scope to underpin the cost estimate. We provide support at various stages of the project life cycle; from the initial feasibility and planning stage with high-level budget estimates, such as for the Environment Agency for the Keadby pumping station, through to the development of detailed bills of quantities and estimates before construction, as on the £110-million, award-winning Glencorse design and build project for Scottish Water, which included additional support for value engineering and ongoing cost management during the construction phase.
Within the estimating function we offer a wide range of services to our clients. Some of the key elements of estimating that we can support are
- scope definition and bill of quantities
- value engineering, risk and opportunity management
- project change orders and compensation events
- cost model development and deployment
- management and adjudication of subcontractor or supplier tenders.
We use a range of software to develop and support the estimating function and can incorporate project requirements including the work breakdown structure, construction work packages, and labour and material reports.
Binnies is part of the RSK Group of companies
RSK Group is a leading integrated environmental, engineering and technical services business offering bespoke end-to-end solutions to a variety of sectors. Headquartered in the UK but with an established presence throughout Europe, Africa, the Middle East and Asia, RSK helps organisations around the world achieve their business aspirations in a sustainable and efficient manner.