Tighten up cost estimates with Trimble Quest software
Construction professionals struggling with cost estimates can now access Trimble Quest, a cloud-based SaaS estimating and budget management software.
Trimble Quest software captures on-site progress, provides a view of budget-versus-actuals and monitors resource allocation to help civil contractors extract insights and manage their budget in real-time. Contractors can link their estimate to a schedule to forecast resource requirements, plan for cash flow and view real-time dynamic reporting on project performance.
The software allows contractors to quickly and accurately develop a bid by creating a pricing database, which can be reused from project to project, improving the speed and accuracy of the preconstruction and bidding process.
Once the bid is developed, Trimble Quest software can be used to develop a blueprint that can be referenced to optimize the procurement, planning and cost control processes. Contractors, estimators and project managers can communicate changes, track and record on-site progress quantities, produce claim certificates and report on utilization of individual resources.
This cloud-based software benefits project teams who need to collaboratively manage and control the budgets of complex construction projects from multiple stakeholders and locations.
Estimators working on a tight deadline can reuse costing libraries, rapidly produce detailed cost estimates, and manage and compare supplier and subcontractor quotes to quickly price a bid. The pricing library is designed to mirror the stages of the construction project, enabling fast information access to quickly make pricing changes.
"Armed with sophisticated, advanced estimating software, contractors can develop and manage construction cost estimates with real-world accuracy," said Shelly Nooner, general manager, Trimble Civil Design and Engineering Division.
"Pricing bids, monitoring on-site progress and forecasting requirements are seamlessly handled by Trimble Quest's innovative approach to budget management. Adding cost estimating and budget management to Trimble's Connected Construction portfolio expands our civil software capabilities to better address preconstruction planning as part of the project lifecycle."
Earlier this month Trimble Siteworks SE Starter Edition was introduced, billed as an entry-level, easy-to-use construction surveying software (click here).
Chengdu Hi-Tech Zone to invest RMB30 billion in five years
Chengdu is upping the hi-tech stakes after unveiling six projects and pledging to invest RMB30 billion in building 50 R&D institutions in the next five years.
The six projects comprise Chengdu Minshan Hydrogen Energy and Carbon Neutralization Technology Research Institute; Chengdu Minshan Integrated Positioning and Navigation Timing Technology Research Institute; Chengdu Minshan Power Semiconductor Technology Research Institute; Chengdu Minshan Microelectronics Advanced Enclosure Technology Research Institute; Chengdu Minshan Cell Engineering Technology Research Institute; and Chengdu Minshan West China Medical Surgery Robotics Research Institute. They will be backed by RMB450 million in funding.
The number of enterprises on the science and technology innovation board is also regarded as one of the important indicators of regional science and technology innovation strength. Since this year, enterprises in Chengdu Hi-tech Zone, such as Olymvax Biopharmaceuticals Inc., GIMI and Zongheng Stock, have successively landed on the science and technology innovation board. So far, there are 45 enterprises listed and passing reviews in Chengdu Hi-tech Zone, including 5 listed companies on the science and technology innovation board.
Centering on the three leading industries of electronic information, biomedicine and new economy, Chengdu High-tech Zone has attracted 128 Fortune 500 companies such as Intel and BOE, and introduced 11 ten-billion-yuan projects last year, involving companies such as Tencent, Baidu, and ByteDance.
In recent years, the zone has introduced six Nobel Prize winners, 20 academicians, and 328 national high-level talents, and nearly 150,000 enterprises from different industries have set up a presence, including more than 56,000 tech companies.
Chengdu High-tech Industrial Development Zone was set up in 1988, and in 1991, was approved as one of the first national high-tech zones. In 2006, it was listed as a pilot zone by the Ministry of Science and Technology and in 2015, approved by the State Council as the first national independent innovation demonstration zone in West China, according to China Briefing.
In February, Chris van Duijn was selected, alongside GMP, as the winner of the Chengdu Future Science and Technology City Launch Area Masterplan and Architecture Design Competition (click here). The 4.6sq km masterplan, designed for the innovation industry in collaboration with CAUPD and Swooding, has been conceived as a pilot project to drive the development of the city around the new airport east of Chengdu.
OMA and GMP will develop the first phase of the overall masterplan, which will include an International Educational Park in the west led by OMA, and a Transit Oriented Development (TOD) in the southeast led by GMP.
NYSE-listed Xinyuan Real Estate Co. recently announced completion of five newly constructed properties, including Chengdu Xinyuan City.
Located in Shu Du New Town in the Pi Du District, Xinyuan City is surrounded by natural resources and offers various commercial facilities and leisure amenities, and is near the Medi River, Municipal Park, Knowledge Park, Cuckoo Park, and Chuangzhi Park.
A massive replica of the sunken ocean liner is now under construction in Daying County in Sichuan province, around 130kms from Chengdu, according to CNN Travel. Dubbed 'The Unsinkable Titanic', the ship is the exact same size as the original, 269.06 meters (882 feet) in length and 28.19 meters (92 feet) wide.
Chengdu, located in south-west China with a population of 20 million, is the seventh wealthiest city in China.