North America’s Construction Economist

Benchmarking

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Benchmarking

Database

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. 

We estimate over 150 new projects every year, which translates into over $10 billion worth of construction volume.

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

Our extensive analysis encompasses projects across North America, and includes but is not limited to the following services areas; Research, Science and Technology, Healthcare, Higher Education and Schools, Theatres and Cultural, and Commercial etc. 

Program Analysis

Program data on all of our projects allow us to analyze the program mix, and narrow the probable cost range applicable for the project.

Project Soft Costs

We make comparisons to similar benchmarks in the broad categories of loose furnishing, and equipment, design fees, owner expenses, project contingencies, and provide detailed breakdowns as required.

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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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