Engineering Estimates
Engineering Estimates
(OP)
Seeking information on "standard practice" or "Best Practice" for ships owners/reps or engineers estimates.
Data comparing pre-contract engineers estimates with awarded contract amount would be very helpful. Any ideas on sources?
PTZ
Data comparing pre-contract engineers estimates with awarded contract amount would be very helpful. Any ideas on sources?
PTZ





RE: Engineering Estimates
RE: Engineering Estimates
If yes, I can say it's a somewhat specialized field. My company once hired a cost estimate specialist, and then developed a small capability which we marketed to various customers, especially the US Coast Guard. For a short period of time they had several unique and very complex projects which we provided independent cost estimates for which allowed the Coast Guard to better negotiate their final contracts for the work. Long term, though, there doesn't seem to be much of a market for this type of work, and our capability and personnel have moved on to other tasks or fields of work.