Construction Estimating

Construction Estimating Services

Feasibility Estimates - Are prepared with minimal information. These are prepared to provide the 'How Much?' answer to the 'What If?' questions. Typical turn around for this type of estimate is one or two days.

Schematic Design Milestone Estimates - Are typically prepared at the schematic design milestone. These estimates are used to reaffirm the budget and to provide for design adjustments. Usual response time to complete these estimates is one to two weeks.

Design Development Milestone Estimates - Are prepared at the design development milestone (35% to 50% design completion). These estimates are used to verify the project budget is being maintained. The average time to prepare these estimates is one to two weeks.

Construction Documents Milestone Estimates - The 'engineer’s estimate.' This estimate is used to monitor bids being received and for project control applications such as CPM scheduling and cost reporting. Depending upon the project size, estimates rarely exceed three weeks of preparation time.

Constructibility Reviews - A comprehensive evaluation of the plans and specifications to enhance the constructability of the project. It helps discover omissions, duplications and/or conflicts in the documents, reducing problems during construction – which can reduce the amount of changes orders during the construction period.

Hourly Rates - Tempest Company’s hourly rates for our consulting services.

Bid Estimates

Design/Build Estimates - Are furnished at the appropriate level of design for competitive or cost reimbursable construction contracts. These estimates include design details not yet defined in the documents, along with what is shown. Depending upon project design completion and size, estimates are typically prepared in two to three weeks.

Bid Estimates - The 'contractor’s estimate.' This highly detailed estimate is used to bid, develop the CPM schedule and, if successful in the bid, establish a control budget for the construction of the project. Most items can be purchased directly from the estimate sheets. Depending upon the project size, estimates rarely exceed three weeks of preparation time.

Quantity Takeoffs - The bill of materials for the project. Similar to the bid estimate except no labor, material or equipment pricing.

Source: www.tempestcompany.com
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