CVE 4073-01Shed EstimatePresented by: Nicholas Miller

Date: 08/28/14

Where to begin?

1. Analyze the RFP (Request For Proposals) and bid documents.• Look for key terms.• Deadlines should be highlighted.• CONSTRAINTS will govern the project! TIP: Make a checklist!

So What’s Next?

2. Research the project!• Look at similar projects• Familiarize yourself with areas you don’t fully understand• Materials list was online!!!

But How Do I Start?

3. Perform a quantity takeoffi. Analyze each component of the project individually

(floor, roof, individual walls)

ii. Break each component down into all the pieces used to make it

iii. Account for all fasteners and additional features (paint) TIP: Imagine the project from start (buying materials) to

finish (what is finish?)

Now What?

4. Perform the estimate• Price all of the materials listed in your quantity takeoff• Calculate the amount of work hours required for the project

In many instances, you will have to try to do this for each of the work tasks involved in the project.

• Calculate all of your indirect costs• Add contingency, profit, and any other add on costs you

will require

Am I Done?

MOST LIKELY NOT!

5. Recheck, revise, redo!• 95% of the time (if not more) your first draft will contain

errors or will be incomplete• Look over the bid instructions to make sure you followed

them completely• Once your estimate is complete, make sure to compose and

revise any other required bid documents!• Submit your bid to the appropriate person by the deadline TIP: Did you check your checklist?!

NOW YOUR DONE! (Hopefully you won the bid too)