Spire provided cost estimating services for the $295 million W Hotel & Residences in Austin, Texas. The 1,100,000 square foot hotel includes 251 hotel rooms, 175 condominiums, a new Austin City Limits Music Venue, Children’s Museum, office space, retail space and an extensive below-grade parking garage.
Spire’s scope of work included performing quantity take-offs and pricing analysis during the conceptual, design development and bid development stages for a major subcontractor. Spire assisted its client in developing and preparing a Basis of Estimate for each of the design stages. The Basis of Estimate included a detailed breakdown of the labor, materials and unit prices of the bid estimate with accompanying assumptions, qualifications, contingency and general notes. Spire’s Basis of Estimate was successfully used to secure the project for its client.
Spire’s project controls experts bring a comprehensive suite of skills and extensive field experience to the job site. We help project teams and management determine how far a project has progressed at any given time regarding schedule, cost, productivity, and risk and compare against contractual expectations, scope, performance criteria, and milestones. Controls can be applied to all phases of a project, from preconstruction to closeout.
Here are just some of the services our construction project controls consultants can bring to your next project:
- Project Planning
- Schedule Development
- Schedule Oversight and Reporting
- Schedule Analysis
- Cost Estimating
- Cost Analysis
- Value Engineering
- Budget Management
Project controls are essential to keep complex construction projects on budget and on time. They help teams and stakeholders identify emerging risks early, before they become expensive, time-consuming problems. With advance warning, these issues can be mitigated or avoided altogether. Project controls also give leadership the data they need to set realistic expectations, manage subcontractors, and plan with confidence.
During the course of a project, program and project managers use controls to monitor time and cost expenditures and compare them to project lifecycle forecasts. They also rely on them to coordinate onsite execution with the milestones established during the design, procurement, entitlement, and pre-construction stages.