Hard Dollar Corporation First to Integrate RSMeans Cost Data as a Standard Reference for Project Cost Management and Capital Planning

SCOTTSDALE, Ariz.—(BUSINESS WIRE)—October 28, 2008— Hard Dollar Corporation, today announces Oneness integration between their Project Cost Management solution and RS/Means/Reed Business to include Means cost data as a standard library component of its award winning software.

The integration provides contractors, owners, architects, engineers, facilities managers, or anyone else who needs to create a fast and reliable construction cost estimate with a single solution. The integration between Hard Dollar and RSMeans cost data provides access to over 77,000 unit price items and 5,800 assemblies supporting 17 different trade-specific industries directly within the Hard Dollar system. This integration provides fast, flexible and accurate data for creating a conceptual estimate in the early stages of project planning, while maintaining confidence in cost accuracy with every estimate.

Hard Dollar is the only Project Cost Management system available today that provides dynamic Oneness integration with either Microsoft Project or Primavera P6. This industry leading capability combined with RSMeans data provides contractors and owners the ability to easily see the impact of time and work and the direct impact on costs.

Hard Dollars ability to model a project from either a task or cost perspective provides our customers with unparallel flexibility and confidence when estimating or planning a capital construction project, stated Doug Nicholas, CEO of Hard Dollar. Using RSMeans data along with a users historical cost data and production capabilities provides the best possible cost accuracy at the very early stages of a project, stated Nicholas.

Customers also benefit from this integration with the ability to model multi-year projects, including cost escalation for the entire duration of the project. Escalation features contained in Hard Dollar along with the regional labor, equipment, and material rates and unit costs from RSMeans will be highly beneficial to Contractors and Owners planning projects across the United States and Canada.

Angelo Equizabal, Chief Estimating Officer, Continental Properties stated having the ability to rapidly conceptualize a new development and respond to customers faster with what-if scenarios is a driving factor for us in considering a project cost management system. Having RSMeans cost data integrated with Hard Dollars detailed bottom-up and historical cost libraries will provide a significant competitive advantage and substantial ROI to Continental Properties and our clients.

Hard Dollar has once again shown their industry leadership and overall commitment to the customer by being the first cost estimating provider to utilize our new licensing model, stated John Ware, Senior Vice President and General Manager of RSMeans. Hard Dollar customers will achieve greater benefits and confidence by having access to the entire RSMeans cost database as part of the standard Hard Dollar Work Planning library.

Hard Dollar is the first estimating and project cost management software to include the entire RSMeans cost library of data, eliminating the need to choose specific data sets and allowing customers to price a broader set of work items. The Hard Dollar Work Planning library includes the entire RSMeans cost database as part of the standard solution. Several benefits of the library and integration are:

  • Access to over 20 trade-specific price databases
  • Over 77,000 lines of unit price material costs
  • Access to over 5,800 assemblies organized in UNIFORMAT structure
  • Every line item contains separate labor, material and equipment costs
  • Line items also include labor-hours, productivities and crew designations
  • RSMeans location City Cost Index Factors for over 900 cities
  • Ability to run project comparisons
  • Combined RSMeans data bases include Construction, Civil Composite, Commercial Composite, Concrete, Electrical, Facilities Construction Composite, Green Building, Heavy Construction, Interior, Light Commercial, Mechanical, Metric, Open Shop, Plumbing, Repair & Remodeling, Residential, and Site Work

Availability and Cost:

Customers can order the RSMeans integration immediately. The first year of licensing for the RSMeans cost database will be included at no additional charge for customers who purchase Hard Dollars Commercial Project Cost Management system. Existing Hard Dollar customers can license the entire RSMeans cost database with their Work Planning modules at a special introductory per user price of $199.00.

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