What is TRACER™?

Earth Tech's TRAnsportation Cost EstimatoR (TRACER) software
is a parametric cost estimating tool created to help plan and budget for highway and bridge construction/renovation projects at the pre-design and preliminary design phases. TRACER employs pre-engineered model parameters and construction criteria to accurately estimate project costs with limited design information.

The parametric cost approach to estimating differs from traditional methods, by allowing users to input a minimum amount of information in order to create an accurate and comprehensive cost estimate. This is achieved by establishing default quantities (inherent to the software) based on similar projects and experienced engineering assumptions. Predefined and documented engineering relationships link primary parameters to detailed design assumptions and associated engineering quantities.

PRODUCT FEATURES

Users can develop detailed cost estimates based on minimal design information. Additional project knowledge can be incorporated to further refine the accuracy of the cost estimate.
Cost estimates are location specific and include general conditions, overhead and profit, owner costs, risk allowance, and escalation.
Engineering assumptions can be easily modified as site conditions change.
Annual software updates ensure current construction and cost data.

PRODUCT BENEFITS

Estimating Accuracy - TRACER is built upon Earth Tech's industry proven parametric estimating technology and architecture.
Estimating Speed - Detailed estimates can be generated with very little up-front design information and effort (cost effective).
Estimating Consistency - The estimating process is standardized and promotes consistent estimating methodology.
Estimating Alternatives and Value Engineering - Allows
users to compare costs of different projects and run
"what-if" scenarios.