IQE employ only career dedicated estimators who have been trained in “First principles Estimating”.
All estimates are constructed from the ground up by first obtaining current materials, labour, plant and subcontract information and then applying this base information to derive the projects costs. IQE generate and bench mark productivities from first principles and then incorporate these productivities into our cost estimates. Similarly corporate on-costs, supervision, profits, risks and opportunities are estimated by first principles to derive the overall project costs. IQE does not rely upon generic rates, productivities or prices, instead IQE utilises the base unit commodity costs aligned with construction teams and relevant productivity calculations to generate the contract costing. Utilising these methods, we can prepare detailed and accurate cost estimates for any geographical region of the world in any currency, for any climate and any risk profile.