Our
professional staff’s many years
of experience enable us to project
into the cost estimates, what is not
shown or evident in the documents,
so that, even at early stages of a
project, a reasonable summary of detailed
probable cost factors is established
for a more accurate estimate. The
general phases of the estimates provided
are:
· Conceptual Estimate:
This estimate establishes an owner’s
budget. It is based on the project
program and desired quality levels
to be achieved. Pricing is usually
parametric and based on historical
cost data.
· Schematic Design
Estimate: This estimate
confirms the concept estimate. It
is based on macro-scale systems
takeoffs and more refined historical
pricing. This estimate becomes the
basis for the design.
· Design Development
Estimate: This estimate
further verifies the design vs budget
costs for the project. It is based
on takeoffs of most systems and
material supplier pricing.
· Construction Documents
Estimate: This estimate
provides the costs of what the expected
bids should amount to.
· Bulletins &
Change Orders: These estimates
are price and quantity verifications
for post-contract work. These estimates
establish budgets for the proposed
document changes and are often used
as the basis of negotiations with
the contractors.
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