OverheadsAll the costs associated with running of a construction project that are not direct costs. Items such as; supervision, temporary work site cabins, and vehicles.
Construction Estimating – The Process
- Identify long lead items to procurement.
- Populate procurement plan.
- Select correct parties for the plan – suppliers, consultants, subcontractors etc.
- Organise and review tender documentation
- Provide a notification to the client for your intention to provide a submission.
- Setup Bill of Quantities and works classifications.
- Prepare any tender questions early to allow a timely response.
- Where possible, visit the site to become aware of the site conditions and access.
- Review specifications identify any items which may affect the tender or aspects of the specification which we do not comply.
- Review all other information provided to get an understanding of the project scope.
- Quantity take off to establish both the type and volume of works
- Apply the final quantities to the bill of quantities ready for estimating.
- Use the bill of quantities to assist in making the procurement list to ensure timely submission.
- Review all procurement responses and choose the best to be incorporated into the estimate.
- Use the prices received to build up items from first principles to establish the costs.
- Test rate against old existing cost data or market rates.
- Build up the cost of the project preliminaries and office overheads.
- Assess any risks project presents and consider adding a contingency sum to the estimate.
- Finalise all direct and indirect costs of a project and present to the client.
- Agree with the client and apply a markup to the project.
- Provide submission to the client for review.
- Review costs against budgets and invoices against contract pricing to make sure estimating was correct. Continually review the process to make sure future estimating incorporates any lessons learned.
- Review areas of gain and loss to identify areas of over/under estimating.
- Carry out a post contract review to identify any lessons learned.
What Types of Estimation Services Do We Offer?
- Commercial Developments – a commercial construction cost estimator is used for buildings such as offices and warehouses.
- Renovations and Extensions – building estimators are required for projects such as remodelling buildings, repairing damaged structures, extending floors or rooms within existing buildings, and the like.
- New Homes – building new homes, though on a smaller scale than large commercial structures, also require thorough home building cost estimators. Some important aspects that come under home construction cost estimators include electrical estimator, plumbing cost estimator, design cost estimator, etc.
- Civil Projects – building estimates contractors are used for civil construction projects as well.
We at Measure Manage are skilled in all the above building estimate types, and are capable of providing quality and timely construction estimating services. Some specialised trades that we partner with include concrete companies, carpentry companies, electrical companies, plumbing companies, etc.
How Do We Estimate For You?Cost estimation for building construction can be handled in multiple ways, depending on the available content and the size of the project. Here are some ways that we at Measure Manage go about giving you the perfect construction cost estimation. First-Principles Estimation – This method involves estimating costs based on the principle aspects of construction such as plant, labour, and materials. Using Existing Data – Cost estimation for building construction can also be done using the client’s existing rates and adjusting them to the current project needs. Market conditions and current rates also come into context when getting such estimates and many more.
Our focus is on precision. We understand the importance of accuracy when undertaking cost estimation for building construction, as the success of the project depends on it. Our estimates are reliable and you can count on us to minimize wastage and over/under-budgeting while taking into account all relevant factors.
Construction Estimating Services in AustraliaAn Australia-based quality estimating company, we deliver first-rate construction estimations for building construction. At Measure Manage, we view client satisfaction as the cornerstone of our business, ensuring our clients are happy and receive the service that they “need”. This is evidenced by the high amount of repeat business and referrals we receive. The Measure Manage team prides ourselves on delivering best in class service in the estimating and quantity surveying industry.
Measure Manage is a Professional Construction Estimating Service provider in Australia. Call us now on 0489 202 445 or Feel Free to Contact Us Online
Frequently Asked Questions (FAQs)
Construction estimating is the estimation of plant, labour, and materials to complete certain tasks in construction. Construction Estimating requires vast experience in construction methods, technologies, labour content, regions, etc. the list goes on!
The benefits of our service area that we employ individuals with experience in many areas of construction. With all their broad experiences combined, we can estimate most projects accurately and efficiently.
The size of the project and the level of estimating involved will determine how quickly we can get a final estimate back to you. We can also tailor our estimating to suit your layouts or styles.
Yes, we can! However, these are only budgetary estimates and are subject to the going ups and down of costs. The reason for this is that when estimating, it can be difficult to judge the time required prior to actually completing the estimate due to the nature of the information at hand. Most jobs are a concept but the more detailed the information the better we can assist with a budget.
Yes, you can! We measure and estimate everything digitally! All documents handled are digital and therefore can be sent to you on completion. We try to remove as much human interaction with the estimates as much as possible, so our accuracy levels are always at a high standard.