Gordian

Tim Duggan, Vice President of Data & Analytics

Gordian focuses on the location and type of projects and uses them to create from simple to complex and accurate estimates for its customers. The company offers cutting-edge products and services to organizations that build and maintain the essential facilities and infrastructure our communities rely on. “Our team of construction cost data experts has built the RSMeans database that offers up-to-date information on cost data for the planning phase and over the building lifecycle,” informs Tim Duggan, Vice President of Data and Analytics at Gordian. “Our data can broken down from conceptual square foot models to assemblies to unit line item estimates, all within the RSMeans Data Online tool.”

With decades of service across a wide array of clients, including contractors, architects, engineers, educational institution stakeholders and facility owners and managers, Gordian stands ahead of its competitors in the marketplace with its ability to produce accurate estimates that align with company vision, both present and future. In its calculations, the company empowers unit cost lines with the changing costs of material, labor and equipment required for the project estimation.

Gordian provides data and assists in creating estimates for clients in both the government and private sectors. Predictive Cost Data, included in RSMeans Data Online Complete Plus, has been a game-changer for the industry, utilizing statistically-developed algorithms that consider external primary data and anticipate future costs. “We follow a statistical and analytical process of indexing materials to external sources to track how prices had changed in the past, and its effect on our cost basis,” explains Duggan.

The accuracy of estimates stems from Gordian’s perseverance to innovate and remain updated with trends in materials in the construction market. Gordian’s team understands the utility of new products and replaces older materials to provide its clients with cost-effective estimates for long-lasting solutions. The company uses Life Cycle Costing analysis in identifying associated cost expectations based on manufacturers suggested maintenance and repair and replacement data.

Gordian is fortifying its services with Artificial Intelligence and Machine Learning to automate manual data entry and estimation processes along with leveraging Natural Language Processing for data reconciliation. While guiding clients through the process of building an estimate, the company’s meticulously maintained records are delivered through its online platform, RSMeans Data Online. Gordian’s data engineering and research team works hand-in-hand with the analytics and quality assurance division to monitor customer inquiries and respond to specific situations and enhance the data provided to meet client needs as they evolve.

Gordian is continually improving its online tool in accordance with customer feedback to simplify the estimation process for clients. The company looks forward to integrating data with other industry providers and delivering better solutions for material and cost estimation.