Why Choose MEED Cost Indices?
Great projects are those where the risks have been mitigated through thorough planning and execution. Over the decades the issue of project risk has been well documented and discussed. Yet, even in this technologically advanced day and age, many projects suffer from the consequences of project related risk not being managed or controlled. Budget overruns still occur, projects are completed well beyond the original planned date and as a result many of these projects are no longer feasible.
With data that cannot be found elsewhere in this region, MEED Cost Indices will ensure you have access to key escalation information that will help you and your business make better strategic decisions when it comes to assessing the viability of a project, calculating the cost fluctuation of materials and will also provide you with an independent benchmark that accurately represents current construction conditions.
Access our leading index based on construction costs gathered since the early 2000s. Our clients use MCI to eliminate any ambiguity from their construction agreements. MCI provides an objective view on historical cost. No more cost disputes as MCI is independent from all parties involved.
Our construction forecast enables developers, contractors, consultants, financiers, insurers, suppliers and the like to carry out thorough feasibility studies to ensure all elements of risk are thoroughly investigated. MCI conducts quarterly surveys amongst industry leaders and specialists to produce the forecast.
MCI has the ability to slice & dice the index resulting in a unique index tailor made for a specific construction discipline such as excavation, mechanical, electrical, plumbing, etc. The resulting index can be filtered to include a very specific type of building, building configuration, location and more.
MCI provides easy-to-access graphical and tabular reports, customizable to your specific criteria. MCI provides regional tender price indices, location comparison indices, tender composition reports, regional market spend analyses and building block reports.
MCI has developed a number of tools to assist construction professionals in their daily activities. For example, the MCI escalation tool calculates future fluctuations in the cost of construction against a base date and project schedule. The asset valuation tool allows users to calculate that replacement value at a given point in time.
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MEED Cost Indices is the ultimate cost analysis resource and can help you support your estimating process and ensure the continued viability of your project.
Register to find out how MEED Cost Indices can help you mitigate your project risk today.