Category: Building Design and Construction

Computer Estimating

There are essentially three types of commercial computer products useful in preparation of cost estimates: Utilities. These are programs that arrange information or do arithmetic; for example, spreadsheets and report generators …

Reviewing Estimates

All estimates should be reviewed by all responsible parties at every stage. An estimate review should begin with a survey of the verbal description of the work, including all or most …

Sample Estimate

As an example, the following illustrates preparation of an estimate for a trench excavation. The estimate can be regarded as a baseline type or higher type. The discipline approach and crew …

Estimating Margin (Markup)

Margin comprises three components: indirect costs, company-wide costs, and profit. These are defined in Art. 19.1. Determining Indirect, or Distributable, Costs The techniques used to calculate indirect costs (often called …