CMC Construction Software: $1 Billion in Contract Costs Expected for $1.5 Billion in Construction

The Wall St. Journal | February 06, 2018 12:03 am| By David W. GrahamPublished February 06.

2018 09:21:38 CMC construction software software firm CMC is predicting a $1 billion investment in the company that will provide estimating software to builders.CMC said in a statement that it expects to add the new software to its existing tool set, the CMC-Software Construction Software (CCS), for the construction of construction projects that use a combination of automated methods and manual methods.CASC, or Construction Estimates, will allow builders to obtain construction estimates, such as the estimated cost of concrete or steel for the exterior of a building or of a structure that is to be attached to the structure.

The company said it expects the investment to be approximately $1 million.CMK said the CMM software is designed to help builders estimate construction costs using a number of different sources, including, but not limited to, building documents, video, photos, video recording, computer models and other sources.CMKC said CMM is a leading supplier of software and information services for the home construction industry.CMM’s clients include homebuilders, architects, contractors and subcontractors, and the company said CMKC also provides software for commercial projects and for the management of real estate, real estate management, realty leasing and the sale of real property.CMU said the firm has been in business for about five years, and has been one of the leaders in the field for more than 30 years.CMH said the company is an industry leader in its field and has a solid track record of successfully delivering its software solutions to clients.

CMH is the largest provider of CMKC software and services to commercial and residential real estate projects.