Pres 13 Completing the Estimate

Pres 13 Completing the Estimate - 1 CHAPTER 8: PRICING SELF...

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Presentation 13 1 CHAPTER 8: PRICING SELF PERFORMED WORK CHAPTER 9: ESTIMATING SUBCONTRACTOR WORK CHAPTER 10: ESTIMATING GENERAL CONDITIONS CHAPTER 11: COMPLETING THE ESTIMATE
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Presentation 13 2 1. Request, Collect and Review Information 2. Determine your Estimating Strategy 3. Perform QTO / Price out Recapitulation Sheets 4. Line-up Subcontractors 5. Develop a Summary Schedule 6. Price General Conditions 7. Receive Subcontractor and Material Quotes 8. Totalize all Recapitulation Sheets. 9. Complete Bid Forms and Submit Bid. ESTIMATE ACTIVITIES
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Presentation 13 3 CHAPTER 8: PRICING SELF PERFORMED WORK Recapitulation follows the QTO process. Recap sheet summarizes the quantified data, applies pricing factors and calculates the costs of that portion or type of work.
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Presentation 13 4 RECAP SHEETS INCLUDE Material quantities and costs Labor hours and costs Direct Equipment hours and costs
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Presentation 13 5 LABOR COSTS Prevailing Wage Law Certified Payroll
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Presentation 13 6 LABOR COSTS Can be applied as an average for all trades. Can be applied individually to each trade and activity. Can be applied as an average for a crew on a particular activity.
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Presentation 13 7 EQUIPMENT COSTS Direct Equipment: Equipment used specifically for an individual activity (Example: Concrete Pump on wall placement) Indirect Equipment: Equipment used for a variety of activities throughout the project (Example: Jobsite forklift or a general purpose crane)
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Presentation 13 8 CHAPTER 9: ESTIMATING SUBCONTRACTOR WORK General Contractors Options for Pricing Specific Work which may be Subcontracted Out: 1.) Solicit bids to Subcontractors, receive bids prior to bid opening and incorporate lowest bidders cost into bid.
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Presentation 13 9 General Contractors Options for Pricing
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This note was uploaded on 08/30/2009 for the course ECIV 341 taught by Professor Cybulski during the Spring '09 term at Case Western.

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Pres 13 Completing the Estimate - 1 CHAPTER 8: PRICING SELF...

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