Cost Of Excavation

Cost Of Excavation

Tips To Stay On Top Of The Cost Of Excavation

It can be easy to lose control of spending in a construction project, specifically for an excavation job. Whether you’re simply doing a minor home renovation or undertaking a huge commercial contract, there are numerous things that can happen that can trigger “surprise” expenses that can blow your budget big time. A sudden change of mind on the part of the decision-maker, unscheduled price hikes of materials, or just plain old disorganisation can all lead to a financial catastrophe that can be very hard to resolve.

But out-of-control excavation costs can be prevented through proper planning and preparation. Each project and property is unique, so during the budget planning phase, it’s crucial to take into consideration the specific details of the excavation site.

One thing to take note of is the soil material and condition as these can greatly affect the cost of excavation. Some materials may be harder to remove or more difficult to work with than others, and will thus require a specific set of machinery to be operated by tradespeople with a specific skill set – and therefore, with a different working budget. The budget can be managed more effectively if you are able to test and categorise the excavation site before the project starts, or during the planning phase.

Remember to complete and file the necessary permits for the excavation before starting any digging, as failure to do so will only result in inconvenient – and most importantly, costly – delays and fines. Also, ensure all the materials you need are on hand before giving your go-signal. You don’t want to be burdened by the costs of waiting too long — or worse, settling for a more expensive yet lower standard alternative.

The size of the site and the timeline also affects the project cost. A bigger area naturally leads to a bigger cost, so make sure the measurements are done in an accurate and transparent manner. Of course, if you need the excavation to be finished faster than usual, you will most likely be asked to fork over a larger payment to cover for a bigger workforce or more advanced equipment that will fast-track the job.

Another factor to consider is whether the excavation materials can be re-used or not, since working with reusable materials can slash some of your expenses. You’ll also need to decide how the excavated material will be removed out of the property and where it will be disposed of at the end of the project. Find out the best price for proper removal and disposal to ensure not just a cost-effective project but an environment-friendly one, too.

Last but not least, allot a fair percentage for instituting safety practices and procedures.  Excavation is one of the most hazardous tasks in construction, and protecting the health and lives of all people involved in the project is something you shouldn’t skimp on.