If you’re in the construction business, then you’ve likely asked yourself: What should I include in my sample cost estimate for construction? After all, you’re not the only one looking for an estimate. If you want to build a good reputation for yourself and your business, a good estimate is essential. In this article, I’ll discuss the different types of cost estimates and how you can make the most accurate one.
A rough estimate is prepared after a contractor and client have agreed to a contract. It breaks down costs by direct and indirect costs and markups. Direct costs include labor and materials, which can vary widely from job to job. Equipment costs must consider transportation costs, capacity, and rental fees. Indirect costs include design fees, mobilization of office support staff, and the like. You’ll need to know exactly how much you want to spend on each of these areas before you begin.
A sample cost estimate for construction will include the following costs:
