CE 460 Chapter 5

CE 460 Chapter 5 - CE 460 Lecture Chapters 5 Cost...

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    CE 460 Lecture Chapters 5  Cost Estimating and Bidding
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    Cost Estimating – Chapter 5 Construction estimating is the  compilation and analysis of the  many items that influence and  contribute to the cost of a project.
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    Fixed-Price Estimates Lump Sum Unit Price Cost Plus
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    Preliminary Estimates An Approximation of Cost Cost-per-Function Square Foot Modular Takeoff Partial Takeoff Panel Unit Cost Parameter Cost
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    Bidding Public Private
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    “Set – Asides” Only certain contractors are qualified to  bid, sometimes portions of a job are set  aside for those contractors
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    Jobsite Visit Important for early detection of  errors and omission in the Bid Set  of Plans and Specs.
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    Job Site Observations Location Weather Utilities Available Local Ordinances Access Condition of adjacent site More on pg 88 of book
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    Area Construction Practices Local Work Practices and Jurisdiction Labor Costs, Productivity, and  Availability Locally Favored Methods and Materials Key Local Practices Local (Sub) Contractors Establishment of Project Field Office
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    Quantity Surveys & Surveyors Step 1: “Take-offs” – Detailed quantity of  each work item
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