Elements of Cost Guidance
Employees in each district and Central Office are responsible to deliver MnDOT projects with accurate and reliable cost estimation.
- DRAFT Guidelines (PDF 23KB)
After management review and approval of the above form, you will need to complete a one-page Project Cost Estimate Summary for each project.
- Preparing your one-page project summary (Word 50KB)
- Template: Project Cost Estimate Summary (Word 342KB)
- Completed template example (PDF 1.7MB)
Uncertainty, Risk and Contingency
In each phase of a project's development, its Total Project Cost Estimate should include an analysis of uncertainty and risk – with associated contingency estimates – to increase accuracy.
Cost Estimate Communications
In each project phase, stakeholders are to use the following guidelines to effectively communicate uniform, consistent information statewide. Contingency costs and inflation-adjusted costs should be included in Total Project Cost Estimate communications.
- DRAFT Guidelines (PDF 16KB)
Project and Cost Management
In each project phase, project managers are to use the following guidelines to manage project-related costs against the Baseline Cost Estimate, which is the Total project Cost Estimate at the time the project Scoping Report is approved.
- DRAFT Guidelines (PDF 17KB)
Districts are to actively manage project costs to deliver MnDOT’s construction program within SRC budget constraints and program priorities.
- DRAFT Program Management Guidelines (PDF 21KB)