Preliminary Estimating Services in USA

Preliminary Estimating Services in USA

Are you currently 30%, 60%, or 90% finished with your drawing plans? Fed up with the frustrations of estimating from rudimentary designs? Require an instant preliminary estimate to establish whether your project falls within your client’s budget? If your suppliers are sitting on quotes, Masa Estimating is here to help. We provide fast and thorough initial estimating services that include square footage costs to help you evaluate the viability of your project and move forward with your clients accordingly.

With 15 years of specialization in the Architecture, Engineering, and Construction (AEC) industry, Masa Estimating has earned itself a reputation of offering reliable and defensible preliminary estimating services based on historical data. Our comprehensive analyses provide per square foot or square meter costs for completed work and superstructures, from the most up-to-date estimating software and our proprietary databases, like RSMeans and Craftsmen. Our local database, along with our close relationship with local suppliers, enables us to create the most accurate bill of materials possible.

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Or upload your plans using the link below, and we will review them and send a quote within 5 minutes:
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About Preliminary Estimating Services and Their Benefits

Preparatory estimating services, or concept estimates, are required to forecast the cost of projects so that economic feasibility of the construction project can be determined before detailed drawing plans are made. These estimates assist contractors, real estate developers, house builders, and project owners in making informed decisions regarding fund allocation, setting first budgets, and comparing first design alternatives.

Since the initial estimates are prepared at the onset of the project, they rely quite heavily upon historical information adjusted for size, place, and time, all based on engineering concepts.

Preliminary Estimate Types

Rough Order Magnitude Estimate (ROM):
The initial estimate in a project’s life to determine feasibility. It is typically good to ±50% or -50%.
Ballpark Estimate:
Contractors prepared this one to set the scope of work for the project, from rough drawings and specifications, and with ±20% accuracy.
Budget Estimate:
Prepared in the planning phase, this estimate allows for history from past projects and numbers costs related to major project items (material, labor, etc.). Its accuracy is -10% to +25%.
Definitive Estimate:
More broadly described as a digital cost estimate, this category includes a detailed extensive list of items in a project and is based on well-developed project plans and has an accuracy of -5% to +15%.

How Our Preliminary Estimating Services Can Benefit You:

Our services can assist you in evaluating initial costs, facilitating:

  • Effective budget management and loan acquisition
  • Setting project cost limits to guide architects and designers
  • Understanding probable material and labor costs
  • Planning for subsequent project phases
  • Allocating and negotiating with contractors and subcontractors

What’s Included in Our Preliminary Estimate?

Our estimates feature a comprehensive breakdown of quantities across various divisions, including:

  • Preliminaries
  • Substructures (footings, foundations, etc.)
  • Superstructures (brickwork, walls, roofs, etc.)
  • External/Internal finishes (flooring, drywall, painting, etc.)
  • Fittings and fixtures
  • Mechanical systems (HVAC, ductwork, etc.)
  • Plumbing (pipes, drains, fixtures, etc.)
  • Electrical systems (cables, lighting, etc.)
  • Labor and man-hours
  • Contingency considerations
  • Project schedule

Our Methodology for Preparing a Preliminary Estimate:

Analysis: Our estimators carefully go through the provided details to determine the scope of the project and prepare an estimating plan.
Data Collection: We make use of similar past projects data to make our estimates off of.
Adjustments: Adjustments are also made for factors like time, location, and project size, alongside contingency allowances.
Documentation: All adjustments, and assumptions, and specifications are put down in writing to ensure transparency and clarity.

Factors That Help Prepare Accurate Preliminary Estimates

To maintain accurate preliminary estimates, we consider various factors:

Time Adjustments: As these estimates are often prepared years prior to construction, costs must be adjusted with a time index reflecting relevant factors of inflation or deflation derived from labor rates and the price of materials.
Location-Based Variations: We apply a location index to bring national average costs into line with local differences in material and labor prices.
Type and Size of the Project: Size indicates the comparison of the suggested building area with typical building area units and, consequently, influences cost estimates directly.
Quality of Materials: The material quality needed, such as the brick veneer or CMU, is a significant factor in estimating.

Why Outsource Your Estimates to Us?

When you choose to partner with Masa Estimating, you gain access to:

  • Reliable and Precise Estimates
  • Affordable Rates(Click here to check)
  • Quick Turnaround Times (24 to 48 hours)
  • Cost-Effective Monthly Takeoff Packages
  • Expert Estimators Certified by Organizations like AACE & AIQS
  • 24/7 Customer Support

Let Masa Estimating streamline your estimating processes with our professional Preliminary Estimating Services in the USA. Reach out today to experience the difference!

 

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