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A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...
It also acquired CCS UK, a British distributor of CCSSA’s construction management software [19] and Capricot, an Indian BIM technology provider. [ 20 ] In October 2019, RIB acquired Australian technology service provider Redstack Pty Ltd through subsidiary A2K Technologies.
B2W Software (formerly known as Bid2Win Software) [2] is based in Portsmouth, New Hampshire, and develops specialized software for heavy construction contractors to manage construction estimating and bidding, field tracking and analysis, equipment maintenance, resource scheduling and dispatching and eForms and reporting.
[2] [3] BSD is a software firm that is a leading developer of commercial master specifications and construction cost estimating software. BSD is involved in the development and maintenance of several of CSI format documents including MasterFormat , UniFormat , and OmniClass , all of which relate to specifications and cost estimating.
In July 2019, Procore acquired US project management software group Honest Buildings. [16] In October 2020, it acquired US estimating software provider Esticom. [17] Procore acquired construction artificial intelligence companies Avata Intelligence in 2020, and INDUS.AI in 2021. [6]
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
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