Construction Management & Estimating

Estimates You Can Trust, Decisions You Can Count On

Financial accuracy in business plans is critical for building investor confidence and ensuring successful project outcomes. Dependable cost estimates, developed from project inception through engineering and construction, are essential for all projects. Accurate capital cost estimates require skill, knowledge, and experience to prepare or review. Maintaining consistency in estimating methodology across the project life-cycle delivers superior financial outcomes and informed decision-making.

In today’s fluctuating financial environment, having a professional cost estimating consultant on your project team is more important than ever. Vertex’s structured approach ensures timely, reliable, and consistent estimates, providing project owners with essential budgetary insight and confidence throughout the project life-cycle.

Vertex’s multi-disciplined estimating team combines extensive field knowledge with access to a materials and construction productivity database spanning 30 years, delivering reliable cost assurance for your project.

• Financial Investment Decision (FID) - Review & Support

  Before a Financial Investment Decision, an independent estimate review or “cold eye review” is recommended to validate the estimate included in a business proposal. This review goes beyond historical data comparison and benchmarking; it ensures that the entire project scope is accurately represented, including labour productivity, material allowances, MTO allowances, and freight factors.

  Vertex conducts regular FID estimate reviews, providing owners and financial institutions with confidence that the estimate aligns with the defined scope of work and the level of engineering completed.

• Guidance and Assistance in Estimates

  A structured approach is vital for completing estimates, regardless of project size. Vertex staff are available to integrate with your project team, offering guidance and support to ensure estimates are prepared accurately and comprehensively.

• Detailed Capital Cost Estimate Development

  Vertex has extensive experience preparing detailed industrial estimates using a structured methodology. Key capabilities include:

  • Well-defined process for preparing detailed industrial estimates
  • Consistent use of material and discipline templates for data collection
  • Integration of construction execution strategy, project schedule, and indirect costs into the estimate
  • Review of engineering deliverables (DBM, P&ID, Plot Plans, Piping Plans) to ensure accuracy
  • Development or use of engineering-generated Material Take-Offs (MTOs)
  • 30-year database of productivity, material, and equipment data
  • Estimating software integration with project requirements (Work Breakdown Structure, Construction Work Packages, Material Requisitions)
  • Incorporation of lessons learned and best practices from previous projects
  • Ability to identify and estimate missing information or costs
  • Comprehensive estimating reports for project controls, supply chain, contracts, and construction teams
  • Timely updates throughout the project life-cycle
  • Validation through benchmarks, ratios, and similar project comparisons
  • Capability to perform detailed “check estimates” for any portion of a project
  • Continuous estimating support and guidance throughout the project