answersLogoWhite

0


Best Answer

A construction estimate is derived by determining all the materials, labor, equipment, etc. needed to complete a project and matching those quantities with the cost of each, adding all the costs together, plus a percentage for profit and overhead for the company. An estimate is usually submitted as a bid to do the work, but could be much more informal for a small job such as an addition of a house or a small garage. As with most things, the more detailed the estimator is in his work, the more accurate an estimate will be.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are construction estimates?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author David J Pratt written?

David J. Pratt has written: 'Fundamentals of construction estimating' -- subject(s): Building, Estimates 'Estimating for residential construction' -- subject(s): House construction, Estimates


What has the author Leo Diamant written?

Leo Diamant has written: 'Construction cost estimates' -- subject(s): Building, Estimates 'Construction superintendent's job guide' -- subject(s): Building, Superintendence


What has the author Keith Collier written?

Keith Collier has written: 'Fundamentals of construction estimating and cost accounting' -- subject(s): Accounting, Building, Construction industry, Data processing, Estimates 'Estimating construction costs' -- subject(s): Building, Estimates


What has the author C R Tumblin written?

C. R. Tumblin has written: 'Construction cost estimates' -- subject(s): Building, Estimates


What type of information is given from a construction consulting?

A construction consulting would be used to determine scopes of work and repair estimates, to assist with dispute resolution, and to help with management of construction services.


What is the ROI on highway construction?

the U.S. Department of Commerce estimates that every $1 spent on construction results in $2.23 generated in the economy on a short-term basis


Where can I get deck construction company estimates online?

Here's a few sites that have estimates http://homerenovationestimate.com/deck-building-costs.php http://www.defrancescoconstruction.com/free_deck_estimate_boston.html and http://345build.com/deck_estimator.html


What has the author William F Maloney written?

William F Maloney has written: 'Productivity bargaining' -- subject(s): Building, Estimates, Construction industry, Construction contracts


What are the duties of construction managers?

One of the duties of a construction manager is to develop a strategy for construction. Construction managers also have the duty of setting up timetables for construction, as well as budgets and estimates for the client. Perhaps most importantly, construction managers also have the duty of making sure all of the construction work going on is in compliance with building codes.


What has the author Paralee White written?

Paralee White has written: 'Maximizing dollar recovery in government construction' -- subject(s): Building, Construction contracts, Estimates, Public contracts


What has the author Roger Flanagan written?

Roger Flanagan has written: 'International Construction' 'Competitive tendering in the building industry' 'Life cycle costing for construction' -- subject(s): Building, Estimates 'Risk management and construction' -- subject(s): Risk management, Construction industy


Which construction companies offer cost estimating?

Construction companies do not offer cost estimating as a service. However, they do cost estimates of their projects using one of the software applications available for purchase.