Construction Estimating Extension
17mBeginner2017-11-17
Authors
Christopher Randall
Senior Projects Manager at Patricia Electric, Inc.
Course details
The price extension is a critical construction document, and a key component of the bidding process. To extend an estimate, a professional estimator prices out the labor and materials by using current market rates and the measurements and counts from the takeoff sheet. This course provides step-by-step instructions for developing an extension, including prices on a per-each and UOM basis. Plus, learn how to create sheets to track job expenses, subcontractor expenses, and quotes.
Skills covered
AccubidTrimbleConstruction ManagementAECDeep Dive (X:Y)
Concepts
0. Introduction
- 01 - Welcome
- 02 - What you should know
- 03 - Exercise files
1. Extending
- 04 - Set your sheet up
- 05 - Multiply material prices - Per each basis
- 06 - Multiply material prices - UOM basis
- 07 - Labor units - Per each basis
- 08 - Labor units - UOM basis
- 09 - Expense sheets
- 10 - Quotation and subcontractor sheets
Conclusion
- 11 - Next steps