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The estimator should be aware of them and properly evaluate their effects. it is reflected in reasonably priced bids.). especially if there is a significant liquidated damages condition for failure to complete within a specified deadline. It is mandatory to factor this into the estimate. buried storage tanks. the project runs smoother and therefore is more cost-effective. Here are some important points: 1) Similar Projects: The best references are similar projects. to be . 7) Project Schedule: The construction schedule can certainly affect the cost. 5) Inflation Factor: The presence of inflation is always a factor that can be extremely variable. Experience with similar projects is invaluable. etc. cables. wetlands. river or stream crossings. 6) Bid Timing: The timing of the bid opening can have a significant impact on obtaining a low bid. plus shipping charges. consider the Construction Cost Index as published in the Engineering News Record. generally the price increases. 3) Wage Rates: Determine if the project will mandate state or federal wage rates.Project Planning Learn how to Plan your Projects using ProjectPlan. Conversely. training and experience are needed to become proficient in this area of engineering. similar projects as a primary basis for estimating. It is extremely important that every detail and component of the design be properly executed and fully described. contractors will take this into consideration when preparing their bids. prior to commencing tabulation. if the award notice is beyond a reasonable time and the notice to proceed is indefinite. If a contractor is comfortable working with a particular engineer. Any vague wording or poorly drawn plan not only causes confusion. heavy traffic. 9) Reputation of Engineer: If the project engineer or engineering firm has a good sound professional reputation with contractors. but places doubt in the contractor’s mind which generally results in a higher bid. check if local wage rates are required. environmentally sensitivity area. Quality of Plans & Specifications: There is no substitute for well-prepared plans and specifications. endangered species habitat and similar existing conditions. Refer to their final cost items and related expenses as a sound basis. This nationwide tabulation of the construction industry has been continuously recorded for decades. There are several categories that can have significant impacts on project costs. Therefore. most bidders will inflate their bids to protect against these conditions. overhead lines. Therefore. 4) Site Conditions: Project site conditions that can increase construction costs are: poor soil conditions.com/projectplanvideos Ads by Google Estimating the cost of a proposed construction project is a very complex process containing much variable factors. conflicting utilities (buried pipe. 10) Granting Agency: If a granting agency is involved in funding a portion of the project.Proper study. If the project requires too aggressive of a time frame. contaminated materials.com youtube. 11) Regulatory Requirements: Sometimes there are conditions in regulatory agency approvals that will be costly to perform. Some granting agencies have considerable additional paperwork that is not normally required in a non-funded project. When utilizing previous. Any time beyond 60 days may result in higher bids. 2) Material Costs: Obtain reliable costs for materials and supplies. Seasonal variations in construction activity and conflicts with other bid openings are critical factors. Prior to finalizing the cost estimate. Also. Sometimes this expected extra paperwork elevates the bid. or engineering firm. the contractors fear inflation of material costs and may have other projects that have priority. archaeological sites. ground water.
com 1000s of Commercial Construction Jobs in Predesign thru Bid Stage Did you like this? Share it: 1 Like 20 people like this. Additionally. Inc. payment bond and contractors general liability are normal costs of doing business.Dex te rC hane y. the more it will potentially attract the attention of a broader number of prospective bidders. However. it is strongly recommended that copies of all regulatory approvals be contained in all bidding documents. 14) Locale of Work Site: The locale of the proposed work can be a significant component in developing a realistic cost estimate. OH .com /14-Da y-Fre eAssembly Based Estimates with Powerful Tool and Formula Software For Construction www. Therefore. out-of-town lodging and related costs.com /Fr Online Construction Cost Estimating from RSMeans. RSMeans Cost Estimating Me a nsC ostW ork s. but may increase mobilization costs. This factor is acquired by experience and the mentoring of senior personnel. A rural setting usually has a limited labor force skilled in the construction trades. 12) Insurance Requirements: General insurance requirements. such as performance bond. i. Insurance premiums for these supplemental policies add to the project cost and must be considered up front. 13) Size of Project: The size and complexity of a project determines if local contractors have the capacity to execute the work. The larger and more intricate the proposed project is. Railroad crossings are a prime example.e.completely aboveboard with potential bidders. the contractor must import tradesmen and generally pay per diem expenses. Try Free for 7 Days! Find Projects Up For Bid Re e dConstructionData. Therefore. the estimator should be aware of this factor early in the process. WV Strauss Industries. 16) Contingency: The rule-of-thumb has historically added a 10% contingency on the construction total to cover those unforeseen costs that crop up as a project evolves. WV 3-D Electric For All Your Electrical Needs In WV OH & PA. Costs for this special work should be included in the initial cost estimate to avoid future surprises. "Generations Of Recycling Integrity" Serving Wheeling. there are special projects that require additional coverage.. prior to finalizing the design or commencing the bidding process. 18) Judgement: In the final analysis. For All Your Electrical Needs In WV-OH-PA Serving Steubenville. the best component of a good cost estimate is the art of practicing sound technical judgement. Construction Estimator P la nSwift. Related Topics ESTIMATING PROJECT ACTIVITY DURATION Estimate and Estimating Estimating Life Of A Residential Building Project Management Softwares Related Results Middle Creek Used Parts Middle Creek Used Parts Serving Triadelphia. remote settings increase the charges for material shipment. 17) Supplemental Studies & Investigations: some project sites will require special studies and/or investigations. 15) Value Engineering: Some agencies mandate that multi-million dollar projects perform a value engineering review. During times of high inflation or the limited amount of key construction materials and supplies.com / #1 Construction Mgmt Software Suite Improve Profitability w/ Spectrum®. it is wise to increase the contingency to 15% or 20% for a more realistic estimate and provide a safety factor. This is good for competition.
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M uresan A li H alw est Laforest S angamesh S antosh Ipo E lisha P uru A li Isa F acebook social plugin Green Concrete .Complete Civil Engineering Website.We are on Facebook! Find us on Facebook The Constructor. He is a civil engineer from S.This was written by Anurag Mishra. Anurag Mishra has written 22 posts on The Constructor. OH Chitika | Select Hot Topics Recent topics Most viewed Most discussed WORK DESIGN APPROACH SYSTEM DESIGN APPROACH CONCRETE MIX DESIGN USING CRUSHED SAND EARNED VALUE ANALYSIS PROJECT ESTIMATING SOME NOTABLE EXCERPTS IN CONTRACT MANAGEMENT GENERAL SAFETY ISSUES IN CONSTRUCTION SITE PARTIAL-DEPTH REPAIR OF PAVEMENTS Where Do Designers Go Wrong CONTACT PRESSURE AND DEFORMATION PATTERN Hey.K.R. Ads by Google Bid Estimating Concrete Bid Estimate Bid Software Ads by Google Building Estimate Job Estimating Construction Bid Construction Piles Strauss Industries.006 people like The Constructor. Inc.Complete Civil Engineering Website Like 2. WV Theaker Excavating Family Owned & Operated Serving Bridgeport.R Engineering College . "Generations Of Recycling Integrity" Serving Wheeling.