Challenges and Opportunities in Federal Construction Cost Estimation
While the federal government is responsible for the construction and upkeep of some of the most critical facilities in the nation, agency methods of cost estimations can vary widely. Out-of-date baseline information, weak reporting frameworks, and inconsistent methodologies between agencies can lead to inaccurate cost estimations that result in delayed project schedules and budget overages. Government Business Council reviews the current state of federal cost estimation to learn more.
Download this GBC Issue Brief to learn more about:
- Consequences of inaccurate cost estimation
- Build versus buy debate
- Next steps for government