Industries
Real estate development and property owners
You need a number before there is a contractor, and often a number that is not the contractor’s. That is a different document from a bid.
Covered here
- Real estate development
- Property development
- Commercial real estate
What you need, that a generalist does not produce
- 01
A feasibility stage pro forma cost estimate
Built to sit inside your own underwriting model, in the format your lender or investor reads, rather than as a contractor line item bid.
- 02
A guaranteed maximum price support budget
Prepared so the number you are being asked to accept can be checked against something other than the estimate of the party proposing it.
The evidence, which is thin here
This page is short because the evidence is short. There is no verifiable market figure for this buyer, so there is none on the page.
There is no independently verifiable market size figure for this buyer specifically, so there is none on this page. What is true is the reason the work is bought: lenders frequently want a cost estimate that is independent of the contractor building the project. No statistic quantifies how often, and we are not going to imply one.
Services that apply
Send a set, or start with a scope check.
A written fee and a delivery date come back before anything is measured. The scope check is free and tells you whether the set is complete enough to price.