Case Study: American Capital Group achieves 3% bid variance with Gordian’s RSMeans data

American Capital Group keeps bid variance at 3% with Gordian

The customer, American Capital Group, through its construction division American Home Builders, required highly accurate cost estimates for its multi-family housing projects. The challenge was to deliver these estimates with an extremely low bid variance to protect client budgets, a task made more critical by a unique guarantee to redesign projects at their own cost if bids were not successful. Their estimator, Richard Miller, turned to the vendor, Gordian, and its RSMeans data product for a solution.

Gordian provided its renowned RSMeans data, which offered reliable, well-structured construction cost information. By using this data to validate digital tools and focus on the time required for tasks, the solution enabled the estimator to achieve an outstanding track record. The measurable result was a consistent bid variance of 3% or less on an estimated $250 million worth of work annually, a success fully attributed to working with Gordian's RSMeans data.

American Capital Group