Working closely with a network of suppliers, builders, government agencies, and industry experts, BNi carefully analyzes labor rates, worker productivity, commodity prices, and material costs — as well as the costs of actual projects — all with the goal of creating a clear, 360-degree understanding of the true cost to build.
Utilizing our expertise and the wealth of data accumulated over the past six decades from actual projects, we’ve compiled a comprehensive set of cost parameters categorized into high, medium, and low percentages for each of the CSI building divisions.
Incorporated within a bell curve format, the ranges serve as a compass to pinpoint where your estimate is likely to align. Naturally, when using these ranges, it’s essential to consider any project-specific requirements or constraints of your project that could influence total expenses.
Over the next few months, BNi will deliver the range of percentage of cost for each CSI division, starting with Division 00 — Procurement and Contracting Requirements (the indirect cost of carrying out a construction project) and Division 01 — General Requirements (the non-management indirect costs of executing the project).
The center of the symmetrical shape of the bell curve below is where the largest portion of scores fall. The smallest areas to the far left and right are where the very lowest and very highest scores fall.
Division 00 – Procurement and Contracting Requirements
- Low 0.90%
- Average 3.45%
- High 8.50%
Division 01 – General Requirements
- Low 4.5%
- Average 8.1%
- High 16.2%
About BNi: Leveraging our extensive experience, we bring you a comprehensive suite of data services designed to empower your projects. From precise cost estimating tools to invaluable reference materials, BNi is committed to delivering custom data solutions with the highest level of accuracy and reliability.
With BNi as your data provider, you’ll be able to navigate the rough waters of today’s rising wages, labor shortages, and wildly fluctuating material costs with confidence. And BNi can deliver data to you in multiple formats and on multiple platforms, so it’s ready to use with your existing systems and processes. For more information on square foot costs please visit BNi Square Foot Costbooks.
