I am the earthwork supervisor for a middle sized residential builder. I am invloved in the job from concept through dedication. During the design phase of the job, I always review the plans from engineers prior to preliminary approval and once again prior to final approvals. When I check the site balance during design, I use a 1.6 cut factor and 1.1 fill factor. I use this in South East PA for areas consisting of shallow red shale soil, 3-8 feet in depth. I use 1.1 cut factor and 1.1 fill factor in areas of sand such as Jersey. In Lehigh Valley, where there is clay and limestone, I use a 1.2 cut factor and a 1.1 fill factor. It seems to work well because we crush the limestone.
I have tracked all T&M earthwork for several construction projects over the last two years. For estimates in the 1,000 c.y. to 5,000 c.y. range, I am always within a truckload or two of dirt. In the 100,000 c.y. range, I get within 5% of estimates.