Delivering Accurate and Cost-Effective Remediation Estimates
Case study by Jocelyn Leong
Client: Private
Service: Estimating Services
As Australia’s infrastructure ages, there is a need for ongoing upgrades, strengthening, structural protection and maintenance. DEC Projects is building its knowledge and capability in developing accurate cost estimates, methodology and programming for projects involving repair and upgrade of existing infrastructure such as bridges, marine infrastructure and water treatment plants. Recently, DEC Projects was engaged by a major contractor to provide a detailed tender submission for remediation and strengthening of a busy regional bridge. The project presented complex challenges, including restricted access and public interface on a live road, requiring a precise and strategic approach to ensure timely delivery at a cost effective price. By working closely with its client, DEC Projects assessed project requirements, site conditions, identified potential risks, and developed accurate cost models methodology and programming.
The Challenge
To develop and deliver a competitive tender that demonstrates our clients ability to deliver a cost effective, well-considered and time constrained remediation of a complex structure, under live conditions with consideration for public safety, traffic interface, environmental impacts and all associated project risks.
Our Approach
Our remediation estimator worked closely with client and their project team to:
Assess site conditions and identify potential risks impacting cost and schedule.
Develop a comprehensive methodology having always in mind constructability and efficiency.
Develop accurate cost models, factoring in regulatory compliance, project objectives, methods, and design specifications.
Provide value engineering solutions to optimise costs without compromising safety or environmental outcomes.
Results
With our comprehensive estimating expertise, the client gained a clear financial roadmap, ensuring:
A competitive and realistic bid submission,
No cost surprises due to overlooked remediation complexities,
A well-considered and constructable methodology,
Compliance with environmental and safety regulations from day one,
Compliance with industry standards.
Key Takeaways
"Accurate remediation estimates are critical to project success. Misjudging costs can lead to major budget blowouts. Our job at DEC Projects is to ensure our clients are navigated through these challenges with confidence and efficiency."
George Alysandratos, Remediation Estimator, DEC Projects.
Need expert remediation estimating for your next project? Contact us to discuss your next project at tenders@decprojects.com.au or fill out the contact form.