The last official cost estimate was $6 billion in early 2023. In recent months, project officials have told state lawmakers ...

Newly discovered documents show the cost of replacing the century-old, seismically unstable Interstate 5 Bridge could be more than double the $6 billion estimate quoted by Interstate Bridge Replacemen ...

Developing accurate, thorough and defendable cost estimates on a consistent basis is an arduous and – sometimes – imposing undertaking. Every project estimate can take on a life of its own, with ...

Creating an accurate cost estimate in the present is challenging enough but extending that estimate into the future presents an even steeper incline. Whether it's a week, a year, or even a five-year ...

Lately, utility costs have been relatively stable, compared to the last several years when inflation was running amok. According to the most recent numbers from the Consumer Price Index, energy costs ...

Cost estimators collect and analyze data to estimate the time, money, resources, and labor required for product manufacturing, construction projects, or services. Some specialize in a particular ...

When Gov. Gavin Newsom unveiled his scaled-down blueprint for the California bullet train four years ago, he proposed building a 171-mile starter segment in the Central Valley that would begin ...

Artificial intelligence (AI) is revolutionising the construction industry by offering robust methodologies for cost estimation that enhance accuracy, efficiency and transparency in project planning.