North America’s Construction Economist

Mission: Service Beyond Estimation

Mission: Service Beyond Estimation

We specialize in pre-construction services, which includes, programming through contract documents, cost estimates, reconciliation of scope to budget, and bid review.  

Our current database includes over 3,000 projects, which form a library to; access market conditions, trade prices, escalation, building type, client contracts, product information, and correspondence that can be extrapolated for your project.

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.  We estimate over 150 new projects worth over $10 billion of construction each year. 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.

  • Project Volume and Benchmarking provides a comprehensive database of hundreds of peer projects
  • Meticulously documented systems cost data for all of our projects
  • Program and area graphic analysis since 1984
  • Industry leading program estimating approach
  • Industry leading cost data and benchmarking capabilities
  • Extensive database of ‘Save-Save’ building solutions
  • The Save-Save Cost Control process and reports
  • Green at No Cost life cycle cost analysis
  • A collaborative Real Time Reconciliation process
  • Detailed conceptual Cost Model estimates including mechanical and electrical
  • Integration with building information models and real time estimate updates
  • Multi-component estimate reporting
  • Continuous market research for key construction cost systems and indicators
  • Quarterly publication of construction cost trends in our Market Outlook
  • Estimating team structure skilled in estimating all building systems
  • One third of our estimating team are mechanical and electrical engineers
  • Appropriate contingencies to avoid time-consuming value engineering exercises, and expensive re-design
  • Procurement strategies that minimize risk, positively affect overall construction costs, duration of design and construction, and the overall quality of the project
  • Management processes that deliver what you want when you need it


We are a small professional services firm that has been in partnership since 1972, with the experience and project lists of firms many times our size.  Vermeulens developed the elemental estimating systems, line item estimate computer reports, and computer graphic take off processes that have become standard throughout the industry.  We focus entirely on pre-construction cost control services.  From principal to project manager to estimator, we are fully committed to your project.  We are nimble and responsive.

Trusted Advisor

Vermeulens provides a Service Beyond Estimation as your trusted advisor.  We will be available to help answer questions and concerns as they arise throughout the life of your project.


We have developed a cost control process to enable us to provide clients with the most detailed and accurate information to assist them to make major project decisions. Our team performs several quality control processes to ensure our estimate was developed using the correct criteria and assumptions before the draft estimate is delivered.  As part of our estimating process, we will build a comprehensive value engineering list for your consideration.  Once the draft estimate is released and reviewed we can provide value management and reconciliation services as needed.  We are a firm committed to being fully involved in all projects from beginning to end.  It is our mission to assist the architect and the owner in all possible aspects to ensure a successful project.


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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


"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)


"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


"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®"


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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