Rendering of the modernized New York Penn Station concourse at dusk

Project Cost Management Services

Cost Estimating

TCT provides comprehensive estimating services throughout every stage of design. Our estimators stay engaged as projects evolve, ensuring each cost estimate reflects current design intent and market conditions. This continuity allows us to identify cost drivers early, validate design decisions, and offer informed recommendations that keep scope, schedule, and budget aligned. Our estimators are proficient across MCACES, PACES, SUCCESS, and On-Screen Takeoff (OST), giving clients confidence in estimate accuracy regardless of platform or agency requirement.

Meet Our Team

Value Engineering + Management

Businesses, public agencies, and architects embrace TCT’s value engineering-based approach to assessing the feasibility and budgetary requirements of design and construction. TCT will participate with the design and engineering team during value engineering workshops that evaluate alternative materials, systems, and construction approaches.

Earned Value Management (EVM) allows us to measure progress against budget in real time. By comparing planned costs with actual accomplishments, we identify variances early and give stakeholders a chance to adjust before issues escalate.

Life-Cycle Cost Analysis

Owners increasingly want insight into long-term operating costs alongside initial capital investments. TCT’s Life-Cycle Cost Analysis evaluates both immediate and ongoing expenses, including acquisition, construction, operations, maintenance, energy consumption, and replacement. We also provide sensitivity and break-even analyses to support well-rounded decision-making.

Constructability Reviews

Our constructability reviews examine project designs for practical buildability, uncovering coordination issues, sequencing conflicts, and accessibility concerns early so construction runs smoothly. Each constructability review results in clear, actionable recommendations that reduce risk, enhance efficiency, and pave the way for smoother construction.

Our cost management services include:
  • Cost Planning
  • Cost Estimating + Budgeting
  • Cost Benchmarking
  • Cost Forecasting
  • Budget Reconciliation
  • Independent Cost Reviews
  • Value Engineering
  • Earned Value Management
  • Life Cycle Cost Analysis
  • Cost + Risk Studies
  • Pre-Construction Cost Management
  • Forensic Analysis
  • Constructability Reviews
  • MCACES, PACES, SUCCESS + On-Screen Takeoff (OST)

Get Started

Contact TCT

Cut uncertainty before it cuts into your budget. From concept through construction, we keep costs transparent. Contact TCT today for reliable cost management services.

Contact Us
Rendering of the modernized New York Penn Station concourse at dusk New York Penn Station Modernization Programs New York, NY
Top