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The Estimating Process

This document outlines the process and components involved in construction project estimating. It discusses analyzing contract documents, taking quantity measurements, determining direct costs of labor, materials, equipment and subcontractors. It also covers determining indirect costs like job overhead, company overhead and profit margin. These costs are then consolidated to compute the total bid price. The document provides details on specific costs that fall under indirect and direct categories.

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John Abao
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269 views12 pages

The Estimating Process

This document outlines the process and components involved in construction project estimating. It discusses analyzing contract documents, taking quantity measurements, determining direct costs of labor, materials, equipment and subcontractors. It also covers determining indirect costs like job overhead, company overhead and profit margin. These costs are then consolidated to compute the total bid price. The document provides details on specific costs that fall under indirect and direct categories.

Uploaded by

John Abao
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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by Engr. EUSTAQUIO T. CORONEL, JR.

Chairman, Project Management and Construction Engineering Specialty Division

CONTRACT DOCUMENTS
1 . Study & Analysis of Documents 2 . Interpretation of Plans & Specs., Drawing, Etc.

QUANTITY TAKE-OFF
1. Identification of work Items 2. Quantification of Materials to be used.

PRICING OF LABOR & MATERIAL (Direct Costs)

DETERMINATION OF EQUIPMENT COST

SUBCONTRACTORS ESTIMATE

DETERMINATION OF JOB OVERHEAD (Indirect Costs)

DETERMINATION OF COMPANY OVERHEAD (Gen. & Adm. Costs)

ADDITION OF PROFIT (Mark-up)

CONSOLIDATION & COMPUTATION OF TOTAL BID PRICE

A. DOCUMENTS REQUIRED IN ESTIMATING 1. Plans and Specifications 2. Bid Bulletins 3. Bid Proposals Forms 4. Addenda 5. Other Documents 5.1 5.2 5.3 5.4 National Building Code United Architects of the Philippines Red Book (General Specifications for Roads and Bridges) City/Municipal Ordinance

B. COSTS INVOLVED IN ESTIMATING

1. Indirect Costs 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Building and Occupancy Permits Construction Permit Sidewalk Permit Line and Grade Land Use and Zoning Fire Safety Permit Occupancy Permit Miscellaneous

1.2 Insurances and Bonds Premiums 1.2.1 Bid Bonds 5% of Total Cost (Cash) or 10% of Total Cost 1.2.2 Performance Bond 20% of Total Cost Premium = Total Cost x 20% x .004 1.2.3 Guarantee Bond 25% of Total Cost Premium = Total Cost x 25% x .004 1.2.4 All-Risk Insurance 100% of Total Cost Premium = Total Cost x .004 1.3 Value-Added Tax

1.4 Overhead and Supervision 1.4.1 Salaries and Wages of Staff 1.4.2 Office Supplies 1.4.3 Small and Light Tools and Equipment 1.4.4 Fuel, Oil and Lubricants 1.4.5 Maintenance of Equipment 1.4.6 Temporary Field Office and Warehouse 1.4.7 Power, Electric and Water Consumption 1.4.8 Employees Welfare (SSS, Medicare & ECC) and Representation

2. Direct Costs 2.1 Mobilization 2.1.1 Site Preparation 2.1.2 Layout 2.2 Earthworks 2.2.1 Excavation 2.2.1.1 Machine 2.2.1.2 Manual 2.2.2 2.2.3 2.2.4 2.2.5 Backfilling and Compaction Grave Fill Disposal of Excess Excavated Materials Soil Poisoning

2.3 Structural Works 2.3.1 Concreting From Foundation to Upper Floors (Volume CM) 2.3.2 Reinforcing Bars (KGS) Structural Grade, Intermediate, Hard Grade 2.3.3 Formworks Contact Area (CM) 2.3.4 Post Tensioning 2.4 Masonry Works 2.4.1 Laying of Concrete Hollow Blocks 2.4.2 Stiffeners of Lintel Beams and Columns

2.5 Architectural Finishes 2.5.1 Wall Finishes 2.5.2 Ceiling Finishes 2.5.3 Floor Finishes 2.5.4 Doors and Windows 2.5.5 Carpentry 2.5.5.1 Closets and Cabinets 2.5.5.2 Wooden Handrail 2.5.6 Glass and Glazing

2.5.7 Finishing Hardwares 2.5.7.1 Locksets 2.5.7.2 Hinges 2.5.7.3 Door Closer 2.5.7.4 Cabinet Full, Hinge and Handle 2.5.8 Painting and Varnishing 2.5.9 Waterproofing 2.5.10 Roofing Works 2.5.11 Ventilation Works 2.5.12 Miscellaneous

2.6 Plumbing Works 2.6.1 Roughing - In - Sanitary and Water Line 2.6.2 Fixtures and Pumps 2.6.3 Fire Protection 2.7 Electrical Works 2.7.1 Roughing - In - Conduits 2.7.2 Wires and Cables, Equipment 2.7.3 Lighting Fixtures 2.7.4 Motors, Etc. 2.8 Mechanical Works 2.8.1 Elevator, Escalator 2.8.2 Air Conditioning

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