Construction Cost Estimating Services

The Cost estimation services involve the use of quantity data, along with the updated price of materials, labour and equipment, to provide an estimate of the overall cost of a construction project. An effective construction cost estimation services process will incorporate direct costs, subcontractor mark up, overhead, and contingency, and will give a figure that is not just what the job might cost in ideal circumstances, but what it will really cost to build.

There are some estimates that are rough order of magnitude, for initial feasibility, and some that are detailed line item estimates, for the final bid. Determine what precision is required at what stage of a project to prevent wasted effort trying to have more precision than is necessary, or needing to be precise, too late in the project.

Once you have received or completed a quantity takeoff, our estimators take into account current pricing information from the region, and add labour productivity rates that are specific to your market and the type of project. Direct costs, general conditions, and contingency are all clearly identified so you know what you’re paying for.

The  estimated cost of building a house is more complex than a rule of thumb by the square foot for both homeowners and builders. All of our residential estimates are in cost-by-phase format, which allows you to see where your money is going and determine where you may be able to value engineer a dollar for a dollar savings without sacrificing quality.

Where a project is larger in scale, such as commercial and industrial, our cost estimates will include phased construction, the specialized trades involved and complex MEP systems. We collaborate closely with your preconstruction team as the design moves forward from the conceptual to construction documents stage to fine-tune estimates.

This cost estimate can be a matter of several percentage points and can make the difference between a profitable project and a loss. With our field experience and up-to-date pricing data, you can be confident that your bid is accurate, resulting in you maintaining your profit margin while still remaining competitive.