Why We Use A Multi-Step Construction Estimate Process
If you’re planning a build, it might be helpful to understand the process of getting a construction estimate. Not every contractor has the same method, and some are more accurate than others. At Dunlap, we want you to have the most accurate information at hand to make decisions about your build, which is why we offer several types of estimates to our clients. Let’s take a look at our offerings and how the process works.
Get Started With A Planning Estimate
In the early stages of a project, you may have no idea what your plans may cost at all. In fact, this is very common – especially as pricing has been so volatile on building materials. A planning estimate will get you in the proverbial ballpark. This is a great place to start with acquiring quotes from different contractors to help you narrow down your choices. You may also see this type of estimate referred to as a “preliminary” or “ballpark” estimate. It is intended for informational purposes only, and not contractual.
The Budget Construction Estimate
In the budget estimate, we nail down details about the scope of the project. For this step, you need a completed design for your build. This estimate will list line items like labor, material cost, or unit cost per your design and takes into account the initial planning estimate. What’s more, a budget estimate will help you finalize your budget or change the scope of the project to match the funds you have set aside.
A Firm Estimate Provides A Contract
With a firm estimate, we provide a cost for each aspect of the project including labor, materials, overhead, and contingencies. This becomes the basis for a contract to perform the work. In addition, we provide a “not-to-exceed” price as a control – the maximum amount required to complete the job.
Ready to get your construction estimate? Contact us today to get started. We can sit down together and discuss your project and what type of estimate you’re looking for.
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