|Coqui Estimating & Construction Company||
We evaluate the entire project to produce a preliminary cost estimate, which is used to establish the budget. Typically, this estimate will be within a few percent of the final cost estimate. We draw upon our experience in the industry and the individual backgrounds of our project members to develop a realistic estimate—sometimes based on very limited information. The architectural and engineering backgrounds of our team members enable architects and engineers to easily convey the needs and requirements of the project. The key to our success in this early stage is to include in our estimate items that are not indicated on the drawings and specifications, but are sure to appear in the construction documents.
Detail, completeness and speed are the key requirements in a bid estimate. CECS bid estimate is prepared from complete plan and specification packages. The quantities are "bid level" in detail. This means a great majority of the project materials can be purchased direct from the estimate. Each item of work is identified in the estimate. The plans are crosschecked with the specifications.
Quantities are completely developed approximately half way through the bid period. This provides more time to make key labor, material and equipment decisions for the project. When this happens, the estimate is more reliable and there are fewer mistakes.
Quantity Take Offs
CECS will perform estimate take-offs for the components of the estimate and organize them and make appropriate labor and material adjustments before completing the estimate. The report will be provided to you in a spreadsheet form.
With minimal or no drawings or specifications. A defined project scope and budget are crucial to keeping the project on schedule during the design and bidding phases. The first and most important opportunity to do this is at the initial concept of the project. Budget estimates are prepared with minimal information, usually verbal descriptions, and rough sketches. This estimate is prepared with as little as one day turnaround time. This typically consists of two to three pages of information depending on size of the project.
CECS, will prepare all change orders, and will also do the quantity take offs.
CECS will prepare change order estimates (in greater detail than our final estimate) in a labor/ material format, complete with man-hours and productivity breakdown. This detail serves as a tool, in order to control the contractor’s cost.