The Government sector often comes under criticism due to taxpayer-funded projects suffering cost overruns. Canadians expect that best practices will be applied when calculating vital infrastructure projects. Arriving at accurate estimates is critical when accepting bids that will come in on time and on budget. Such success helps build confidence among residents. And beyond the potential backlash of wasted tax revenue, municipalities have a duty to provide information to the general public.
The Douglas Residential and Agricultural Cost Guides are widely regarded as the industry standard in terms of up-to-date cost evaluation in a wide range of sectors. In a time when government officials are under pressure to maintain fiscal integrity, leveraging the Douglas Cost Guide resources proves invaluable to budgetary success.
Reliable Replacement Cost Estimates for the Government Sector
Professionals working in the public sector have an inherent need to generate reliable replacement cost estimates based on the most currently available data. Logic and consistency dictate that the government sector utilize the same standard adopted by private sector organizations.
By working with a tool recognized as the gold standard in valuation across industries, municipal governments gain broad consensus when incurring long-term debt to fund projects. Using the Douglas Cost Guide system allows them to approach lenders with reliable replacement cost estimates to secure loans. Given the Douglas Cost Guide rank as the industry leader in reliability, estimates can fit into annual budgets without impacting operating expenses.
The Douglas Cost Guide Helps the Government Sector Ensure Reliable Outcomes
The Douglas Cost Guides are available online or in hard copy format. They deliver accurate estimates and are widely accepted across many sectors as the industry standard. By leveraging the Douglas Cost Guide, municipal governments and government agencies enjoy powerful tools to ensure that projects result in the best possible opportunity for an outcome your taxpayers deserve.
Frequently Asked Questions
How will this replacement cost valuation tool benefit government projects?
The Douglas Cost Guides provides the government sector with a resource that generates replacement cost estimates for government-funded building projects, based on local and regional costs. This provides broad consensus when incurring long-term debt to fund government projects.
Where and how is the costing data gathered and compiled?
The Douglas Cost Guide system collects local, regional, and national data on an ongoing basis. This consistent method of accumulating information allows government officials to make cost decisions based on the most current and accurate data.
How easy are the replacement cost guides to use?
Douglas Residential and Agricultural Cost Guides are designed to be user-friendly for professionals and laypeople in every conceivable industry. The hard copy and online resource offer a platform in which everyday people can input pertinent information and secure a reliable estimate. Simply put, the replacement cost estimation tools are quite easy to use.
How detail-oriented are the cost guides?
One of the key factors that made the Douglas Cost Guide an industry-standard resource is attention to detail. In too many cases, estimates are calculated by square footage and general considerations. But the Douglas Cost Guides consider items that may otherwise not be factored into an assessment.
How often is the costing data updated?
The Douglas Cost Guides are updated on an ongoing basis to provide government agencies and other professionals the most current and accurate information.
How much does it cost to subscribe to the Douglas Cost Guides?
A variety of subscriptions are available that are designed to meet your needs. Government sector professionals can secure long or short-term use. Professionals in every sector consider the Douglas Cost Guide an excellent investment because they save more money than they cost.