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Construction Estimating Bid Recap

Construction Estimating Bid Recap

33mIntermediate2018-03-28

Authors

Christopher Randall

Christopher Randall

Senior Projects Manager at Patricia Electric, Inc.

Course details

The construction estimation process is complex for a reason-you only get to build the project once. Since every construction project has to be its own prototype, you have to get the bid right, or the project could stall or fail. This course covers the final stage of the process, the bid recap. Learn how to pull together the information, experiences, and artifacts from the previous stages, such as takeoff and extension, into an accurate, detailed, and professional bid proposal. Instructor Christopher Randall shows how to check for math errors; review taxes, labor rates, and increases; organize your worksheets; and build a formal proposal letter (aka scope sheet) to present to clients.

Skills covered

AccubidTrimbleConstruction ManagementAECDeep Dive (X:Y)

Concepts

0. Introduction

  • 01 - Welcome to course
  • 02 - Definitions

1. Preparation

  • 03 - Compiling a takeoff
  • 04 - Understanding general conditions
  • 05 - Quotes and missing information
  • 06 - Direct labor rates
  • 07 - Direct job costs
  • 08 - Overhead and markup
  • 09 - Material taxes and job taxes
  • 10 - Additional steps
  • 11 - Bid proposal

Conclusion

  • 12 - Next steps

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