Estimating Forms- Help You Make The Right Estimates And Place The Bids Properly
As an estimator you must realize the importance of proper estimation of construction costs. It helps you understand how much money is needed to get through with the process. However you need to do this estimation in a proper way, so that nothing is left out and there is no inaccuracy from your side. For this you need to use construction estimating forms.
You have to fill in some important estimate information in the construction estimating forms. The information includes the unit cost of materials, square and cubic foot estimates, assembly estimates, unit price of estimates and amount of estimates. The construction estimating forms help you keep a hold of this necessary information. This way you do not forget any necessary information. Also these forms help you make an accurate estimate.
The information filled in estimating forms also helps you put a bid together. You can then send this bid to a general contractor. If your bid falls within the contractor's budget, he/she will consider your services and take over the project.
There are six types of construction estimating forms that you can use. The first type of form is meant to submit a bid to more than one entity. The second type of form is meant for submitting bids to a single entity.
The third type is identical to the first type however it includes a provision for the collection of interest on late payments. The fourth type is similar to the second type with a provision to collect the interest on the late payments.
The fifth type of construction estimating form is similar to the first type, with a blank 'legal-eze' section. You can add your own terms in this section. The sixth type is similar to the second type and it's 'legal-eze' section is left blank for you to add your own terms.
There are many ways to find the construction estimating forms. There are many websites that provide an option to download the construction estimating forms. Usually you would have to pay some money to download these forms.
You can also buy a construction bidding and estimating software. Such software will provide you with all necessary, construction templates, forms and information required to reach an accurate construction estimate. You can make adjustments to these construction forms to suit your requirements.
While filling out the estimating forms, follow certain guidelines and standards. These standards and guidelines have been developed by the American Association of Cost Engineers (AACE) and American Society of Profession Estimators (ASPE). So, prepare and fill out the construction estimating forms properly, the next time you bid for a project.