North America’s Construction Economist

  • The Elemental Estimating System Developed by AJ Vermeulen and Frank Helyar in 1969

    The Elemental Estimating System Developed by AJ Vermeulen and Frank Helyar in 1969

  • In the Last Twenty Years, We Have Successfully Estimated 247 Research and Science lab Projects

    In the Last Twenty Years, We Have Successfully Estimated 247 Research and Science lab Projects

  • Sign Up to Receive the Quarterly Market Report or get an in-house Presentation

    Sign Up to Receive the Quarterly Market Report or get an in-house Presentation

  • In the Last Twenty Years, We Have Successfully Estimated 247 Healthcare Projects

    In the Last Twenty Years, We Have Successfully Estimated 247 Healthcare Projects

  • The Best Pre-Construction Cost Estimating Track Record in the Industry

    The Best Pre-Construction Cost Estimating Track Record in the Industry

  • In the Last Twenty Years, We Have Successfully Estimated 658 Higher Education Projects

    In the Last Twenty Years, We Have Successfully Estimated 658 Higher Education Projects

  • Benefit from an Optimized Capital Project Budget that Meets Your Mission, Vision, and Values

    Benefit from an Optimized Capital Project Budget that Meets Your Mission, Vision, and Values

  • In the Last Twenty Years, We Have Successfully Estimated 119 Performing Arts Projects

    In the Last Twenty Years, We Have Successfully Estimated 119 Performing Arts Projects

  • Phipps Center attains the Highest Sustainable Certifications

    Phipps Center attains the Highest Sustainable Certifications

  • In the Last Twenty Years, We Have Successfully Estimated 58 Athletic Projects

    In the Last Twenty Years, We Have Successfully Estimated 58 Athletic Projects

  • In the Last Twenty Years, We Have Successfully Estimated 65 Higher Education Dorm Projects

    In the Last Twenty Years, We Have Successfully Estimated 65 Higher Education Dorm Projects

  • In the Last Twenty Years, We Have Successfully Estimated 27 Pharmaceutical Projects

    In the Last Twenty Years, We Have Successfully Estimated 27 Pharmaceutical Projects

  • In the Last Twenty Years, We Have Successfully Estimated 34 School Projects

    In the Last Twenty Years, We Have Successfully Estimated 34 School Projects

  • In the Last Twenty Years, We Have Successfully Estimated 36 Student Center Projects

    In the Last Twenty Years, We Have Successfully Estimated 36 Student Center Projects

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Vermeulens Cost Consultants

History

Since our inception in 1972, Vermeulens has been a leader and an innovator in our specialty of pre-construction cost control.  We developed the elemental estimating systems, line item estimate computer reports, and computer graphic take off processes that have become standard throughout the industry. 

We estimate over 150 new/renovation projects every year, which translates into $10 billion worth of construction.  Extensive bid and reconciliation data enable us to benchmark institutional buildings at appropriate current levels. 

This provides owners and architects with detailed and accurate costing reports based on information from our comprehensive database, knowledgeable staff, and developed processes.  These realistic project budgets from the outset help minimize the loss of program and scope, and costly re-design that can minimize unexpected costs and outcomes.

Economics

For thirty years we have been reporting on the state and direction of the construction market. Our guiding philosophy in forecasting is that inflation targets will propel monetary policy and subsequently construction prices. This approach has been successful at forecasting price movements through the last recession, and current recovery. Our quarterly publication of construction cost trends in our Market Outlook guides construction forecasting for our cost control process in real time.        

Cost Control

Vermeulens specializes in pre-construction services which includes, master plan analysis, program estimating, schematic through contract documents cost estimates, reconciliation of scope to budget, value engineering, and bid review.        

  • Accuracy: Our estimates fall within five percent of bids nineteen times out of twenty, which leads to ninety percent of our clients being repeat or referral
  • Optimization: Our database provides comparative information on thousands of design solutions that deliver the best for the least cost

Sustainability

Our cost control process delivers lean solutions that Save up front and Save over time. We document these savings and provide life cycle analysis so that your project achieves Green at No Cost.

Contact Vermeulens® for your future and existing capital projects

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Architectural Resources Cambridge

"I understand that all of your MEP staff are either mechanical or electrical engineers and are therefore able to project what has not yet been drawn. In my opinion, this is one of the most valuable things you bring to the table."

- Architectural Resources Cambridge

Architerra

"Consistently, we find that Vermeulens® has more enthusiasm and expertise than any other cost estimator with whom we've worked."

- Architerra

McGill University Health Centre

"Your involvement with the MUHC Project has created new standards in construction estimating in the Quebec Health Care System."

- McGill University Health Centre

Partners (Healthcare)

"Your team's ability to address cost issues as they related to the ever-changing technology of healthcare is impressive."

- Partners (Healthcare)

Payette

"We enjoy pushing the envelope of design with you at our side to enable the team to deliver within a realistic budget."

- Payette

Perkins + Will

"Vermeulens has been very supportive of the client's vision from the very inception of the work."

- Perkins + Will

The University of Chicago

"The accuracy of your estimate on our $200 million dollar (job) gave the University the confidence to test our project in the construction market. This strategy resulted in the University saving more than $10 million from the estimates provided by others. This is quite a return on the investment we made in your fee."

- The University of Chicago

Truex Cullins & Partners Architects

"Every bid project we've worked on with Vermeulens Cost Consultants, during the past twenty plus years, has come in within the prepared and accepted budget range."

- Truex Cullins & Partners Architects

UOIT

"We need accurate estimates to manage an aggressive construction schedule with limited resources of time and money. I can safely state that our needs were met by Vermeulens®"

- UOIT

Virginia Performing Arts Foundation

"As we wrestled with the scope changes, value engineering, schedule issues, and funding questions you have never strayed from helping us to keep our eye on the bottom line."

- Virginia Performing Arts Foundation

Walsh Brothers

"Our collaborations are marked by openness, a mutual respect of differing opinions, and a willingness to assimilate a complete picture based on the information regardless of the source."

- Walsh Brothers

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Head office: 9835 Leslie Street, Toronto, ON, L4B 3Y4 905 787 1880
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