Preliminary Estimate
A preliminary estimate allows construction planning long before the project has begun. In order to ensure that the budget is correct, the estimate experts offer a detailed estimate. When it comes to preliminary construction, we provide accurate and specific price information. One Estimating, we provide a conceptual estimate according to the project’s scope and design. This is due to overhead, material, and labor costs encompassing the price of services estimate. In this case, as one of the top companies, we help contractors involved in bidding and offer an accurate bid estimate.Hence, we apply professional approaches to create conceptual estimate construction. Which focuses on the cost implications. This conduct indicates that our civil engineering estimate services can guarantee an estimation for our clients. Whether you need affordable or outsourced solutions, we provide the highest quality of service.Our professional team will give an accurate estimate to the contractors and developers. We also have the online estimating service to enable easy access. From now on, trust One Estimating for work estimates, which will surely fit your project objectives.
What is a Preliminary Estimate and How it Works?
The preliminary estimate provides cost forecasting. Determine economic viability before designing detailed drawings. The system helps its users carry out budget planning while enabling them to evaluate design proposals.
One Estimating provides accurate estimate solutions. That supports both financial fund management and first design analysis. External experts who work for our company prepare work estimates. The application of engineering principles and examination of existing data records.
ROM Estimate
At the beginning of the cost estimation, we determine rough order magnitude estimates to confirm the project’s suitability for selection. Budget allocation through this initial estimate proves accurate within a range of 50% below actual costs to 50% above actual costs.
Ballpark Estimate
Companies employ a Ballpark Estimate to determine the details of their projects. The early budget calculation shows owners whether projects fit their spending plans. The estimate relies on initial sketches to provide precise results, up to 20%.
Building Estimation
Budget forecasting depends on evaluating previous projects with initial designs. The estimate of construction shows essential materials expenses and working costs. This estimate ensures results between -10% to +25% accuracy.
Definitive Estimate
The Definitive Estimate works as an itemized cost breakdown, which people call a conceptual estimate construction. The estimate covers each element of work with a reliability range between -5% and +15%. Our services estimate gives you dependable information for making good choices.
One Estimating stands out among all companies offering initial construction cost evaluations. We provide affordable, outsourced, online professional cost estimation services. Get a bid estimate today!
How Can Our Preliminary Estimate Benefit You?
- Our estimates can help you in evaluating the initial cost to support in:
- Managing the budget and getting loans
- Setting the project cost limit for Architects and designers
- Getting the idea of probable amount and cost of material and labor.
- Planning the next phase.
- Allocating and negotiating with contractors and subcontractors.
How to Provide a Preliminary Estimate to Potential Clients
The preliminary cost estimates derive from floor area measurements thus enabling clients and architects to understand and interpret the information easily.
- The raw materials included in our bill of material consist of:
- The total area (square foot or square meter) of the complete project
- Linear measurement (foot or meter) of each structure like walls etc.
- Area of each unit i.e. rooms, floors, etc.
What to Expect in Our Preliminary Estimate?
The estimate consists of the breakdown of quantities, and the following divisions are considered:
- Preliminaries
- Substructures (footings, foundations, etc.)
- Superstructures (brickwork, walls, sidings, roofs, staircase, floors, doors, windows)
- External/Internal finishes (flooring, drywall, painting, etc.)
- Fittings
- Mechanical (HVAC systems, ductwork, etc.)
- Plumbing (pipes, drains, fixtures, etc.)
- Electrical (cable, conduit, lighting, etc.)
- Labor
- Man Hours
- Contingency
- Project Schedule
How We Prepare a Preliminary Estimate Effectively?
At the start of the project analysis, our estimators evaluated and studied the provided information to develop an estimating plan for the project scope.
The next step involves collecting data that pertains to previous analogous projects.
The project adjustments follow the dimensions of size, location, and time. A contingency is also applied.
The details regarding all specifications and adjustments and assumptions appear in the document.
What Influences a Reliable Preliminary Estimate?
When executing a bill of material based on data obtained from previous projects, we estimate and even vary the project’s time, place, type, size, and other details.
We adjust the project cost to the beginning of construction because these estimations are done two or more years before construction; hence, the cost has to be referred to the future. It is adjusted with a time index, which is changed relatively with reference to time because of factors such as labor rate, cost of material, rate of interest, etc.
The cost of the material and the labor rate differ depending on the location, hence estimating the project cost. To this end, we use the index of where the cost is located to the national average cost to put the bill of material of a certain region or closest capital city.
The cost of a project also depends on its type and size, as well as the type of soil expected at the site. Here, we apply a size factor, which represents the proposed building area, to the area of the regular building in the neighborhood.
This also concerns the quality of the basic material, such as brick veneer, CMU, or framed, that might be needed to complete the construction.
Why Outsourcing Your Estimates to Us is a Smart Choice?
- Reliable and precise estimates
- Affordable estimates
- Quick turnaround times (24 to 48 hours)
- Cost-effective monthly takeoff packages
- Expert estimators certified with American estimator organization
- 24/7 customer support
15+
Years of Experience!
10K+
Hours of Maintenance
12K+
Projects Done!
How to Get Started?
1. Submit Your Drawing Plans
- Submit your plans in PDF format, including Bid Set, Schematic, Design Development, Construction Documents, or Conceptual Drawings, directly on our “Contact” page.
- Include all relevant details in the form to help us prepare an accurate quote.
2. Get a Quote
- After reviewing your plans, we will send you a quote quickly. If you agree with the quote, you can proceed to pay through credit card, debit card, or PayPal.
- Once payment is confirmed, our team will begin working on your project.
3. Recieve Estimate
- We will send you an estimate with a detailed breakdown of material and labor quantities and pricing.
- The estimate and takeoff sheet will be delivered in Excel, using either our template or one of your choice.