Estimating & Bidding for Builders &
Remodelers
Detailed Information on Bidding Construction
and Home Improvement Projects
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By Richard Langedyk
Here is all the information you need for
estimating and bidding construction and home improvement projects.
Explains what you need for a career as a
construction estimator, how to construct a take-off from the plans,
how to check the details of an estimate, prepare a schedule, deal with
subs, and calculate project overhead and profit.
Also covers how to estimate remodeling work for
typical remove and replace jobs, and include markup for remodeling
work.
Explains how to profit from estimating
commercial work. Includes the National Estimator stand-alone
estimating program with a 50,000 item database for residential,
commercial, and home improvement work. A video tutorial, and a program
that lets you export completed estimates into QuickBooks Pro for job
costing, or progressive billing.
Guaranteed to improve your estimating skill and
bidding results: What to look for in the plans. How to scope out the
last 5% of job costs. Immunize yourself against common estimating
mistakes. Includes over 1,100 pages of current labor and material
costs for both new construction and home improvement jobs – covering
every trade and the most common specialties.
Two of
Craftsman’s most popular residential cost guides are on the disk:
National Construction Estimator
and National Home
Improvement Estimator.. Other Craftsman costbooks are also
compatible.
- The estimating program that works like a
book. Turn to any page or use the electronic index to find in
seconds exactly the cost estimates you need.
- Use your mouse to copy and paste cost
estimates from the costbook to your electronic estimating form. Costs
are extended and columns totaled automatically.
- 40 estimating forms are on the disk. Open
any of these forms with your favorite word processing or spreadsheet
program.
- It’s quick and flexible. Change any price
or description in your estimate. Enter the five-digit zip code to
adjust costs to your community.
- Then print your estimate directly or
export it to nearly any word processing or spreadsheet program running
under Windows.
- More ways to work faster and easier. Copy
costs from one estimate to another. Open both databases at once and
use costs from each in a single estimate.
- Cut learning time in half! Let the Show
Me video on the disk teach you how to use the National Estimator
program.
- Job Cost Wizard Exports estimates to
either QuickBooks Pro or QuickBooks Premier® where you can track
actual costs against estimated cost. Requires Windows 98 or higher.
Open both new construction and home improvement
estimating costbooks. Then copy anything from either costbook to your
estimate. Cut and paste from one estimate to another. Then adjust the
costs to your zip area and print the estimate.
Remodeling magazine
recommends National Estimator and calls it an
easy-to-use “estimating wiz.” You’re going to agree.
Julie’s Here To Help
The Show Me Video covers everything you need to
know about the National Estimator. Let this 45-minute
interactive multimedia tutorial, included on the disk, show you how to
use all the features of this powerful estimating program.
The Author:
Richard J. Langedyk has directed the training of
over 20,000 estimators, project managers and construction company
owners. Since 1982 he has been Senior Instructor for Construction
Estimating Institute of America in Sarasota, Florida. He is well known
as a speaker at construction conventions and trade shows throughout
the United States and Canada. His 30-year construction career includes
estimating both as general contractor and as a subcontractor on
residential, commercial, industrial and government projects – from
remodeling jobs to heavy industrial projects approaching a billion
dollars.
275 Pages, 8-1/2 x 11, Soft-cover
ISBN: 1-57218-155-9
Contents:
Chapter 1
Get Started Right, 5
Sink or Swim in Construction Contracting, 6
The Detailed Cost Estimate, 7
Estimating as a Career, 8
Typical Estimator Profile, 10
Shortcomings of an Estimating Career, 12
Rewards, 12
Decision Making, 16
Chapter 2
Planning your Estimate, 17
It All Starts With a Plan, 17
Custom-made Markup, 18
The Long-term Plan, 21
Chapter, 3
Getting Ready to Estimate 29
It All Starts With Plans, 29
The Plan Package, 32
Examine the Site, 36
The Cost Data File, 36
Doing the Take-off, 38
Compiling an Estimate, 39
Checking Estimates, 47
Chapter 4
The Estimating Process, 51
Detailed Estimating Steps, 51
A Sample Take-off, 63
The Detailed Estimate Advantage, 88
Chapter 5
Estimating Repair & Remodeling Work, 89
Limiting the Scope of Your Bid, 90
Protecting Yourself, 91
A Sample Remodeling Estimate, 93
The Estimating Process, 96
Putting it All Together, 111
Checking the Estimate, 117
Preparing the Bid, 117
Closing the Sale, 120
Chapter 6
Estimating Commercial Work, 125
The Commercial Estimate, 126
Follow a Plan, 128
Start the Take-off, 129
The Take-off Form, 131
How to Take off Quantities, 132
Applying Unit Costs, 146
Chapter 7
Pricing With a Computer 153
What's on the National Home Estimator Disk, 154
Installing National Home Estimator, 155
Using National Estimator, 156
Opening the Costbooks, 157
Your First Estimate, 158
Splitting the Screen, 159
Copying Costs to Your Estimate, 160
Changing Wage Rates or Costs, 163
Adding Tax, Overhead and Profit, 166
Printing and Saving Your Estimate, 167
Converting Estimates With Job Cost Wizard, 168
Amount of Detail on Invoices, 170
QuickBooks Account Names, 171
Exporting an Estimate to QuickBooks, 173
Turn an Estimate into an Invoice, 175
Your Jobs in QuickBooks, 176
Chapter 8
Cost Recording, 177
Why Keep Cost Records? 178
Essentials of a Cost System, 179
Cost Records Check Current Jobs, 182
Classifying Labor Costs, 182
Using Cost Data, 187
Chapter 9
Planning Overhead, 191
Start With Last Year, 192
The Annual Budget, 196
My Budget for AEI Builders, 200
The Preliminary Budget Bottom Line, 208
Failing to Plan Is Planning to Fail, 213
Chapter 10
Estimating Overhead & Profit, 215
Your Normal Markup, 216
The Right Markup for Your Estimates, 218
But Will We Make More Money? 222
Develop a Profit Curve, 222
Your Own Best Profit Range, 227
Chapter 11
Smart Bidding, 229
Adjustment for Risk, 229
Asset Utilization Adjustments, 240
Identify Under-utilization, 242
Project Adjustments, 248
What Is the Net Effect? 251
Chapter 12
Pricing Strategies, 253
Learn About Your Competition, 255
Graph Your Competition, 260
Let’s Wrap This Up, 264
Index, 265
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