COMMERCIAL ESTIMATING SERVICES
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Commercial Estimating Services
Are you looking for the best estimating services for your construction project at the commercial level? Second Estimation LLC is here to help you as it has the best estimators who are able to provide the best estimating services for different projects on a large scale. So, contact us now and discuss your project with our estimators to streamline your project smoothly and have more chances of winning the bids.
Commercial Estimating Services are the methods to prepare the cost estimates for different construction projects. So, those who have construction projects at commercial level, need these services for the success. During the estimating services, the professional estimators predict the complete cost, including direct and indirect costs, to get the accurate cost of the project.
- Direct cost: Expenses that are directly involved in the project, such as labor and materials.
- Indirect Cost: Expenses that can be used to run a company effectively but not involved directly, such as administrative expenses, etc.
Our Objective
At Second Estimation LLC, we aim to deliver the best commercial estimating services to our client with accurate and very precise cost estimating solutions. Preparation of commercial estimates requires great technical knowledge and experience to gain precision and accuracy. So, our determined and dedicated team is able to work efficiently and can prepare the cost estimates for all kinds of construction projects. Our experts take care of the estimation procedure very well and complete the tasks professionally to reduce client workload.
Having accurate and precise estimates helps in making the project successful at a high rate. So, our professionals can prepare the best and most reliable cost estimates without fearing the complexities.
Key Components of Commercial Estimating Services
Commercial estimating services consist of various components that help in considering the accurate cost of the project. So, below we have discussed the key components.
- Project scope and specification review
- Material takeoff
- Labor cost estimation
- Equipment and machinery cost
- Subcontractor quotes and bids
- Overhead and general conditions
- Contingencies and risk analysis
- Permitting and regulatory cost
- cost breakdown and detailed reporting
- Bid preparation and proposal support
- Project scheduling and time estimates
- Post-construction review and final adjustments
Areas Where We offer Commercial Estimation Services
Second Estimation LLC offers a range of commercial estimation services for construction projects in different areas and makes sure to lead them toward success. However, the commercial estimating services that we offer for different sectors are below.
- Malls & retail establishments
- Elderly Places
- Arts Venues
- Professional Medical Facilities
- Religious Structures
- Power Plants
- Places to Eat and Sleep
- Multiplexes
- Structures for Manufacturing
- Personal storage & a lot more
- Stockrooms and academic institutions
- Commercial Establishments & Departmental Stores
Stakeholders We Work With
Second Estimation LLC is an expert in offering the best and most professional estimating services for all kinds of projects. We are highly experienced in this field, and so stakeholders prioritize hiring us for their projects. However, we offer our commercial estimating services to the following stakeholders.
- General contractors
- Project designers
- Managers
- Architects
- Owners
How Can We Help You Win More Projects?
As an estimating company, we know the importance of construction estimation and accurate cost estimates for a project. Accurate and excellent estimates help clients a lot in understanding the project cost of the project. Thus, we aim to help our clients as much as we can through our incredible cost-estimating services.
Furthermore, we use the latest software and technologies to get the accuracy of our estimates. Our experts are highly skilled in using the latest technology and also have great knowledge about the industry laws and regulations. So they can easily prepare error-free project cost estimates without violating any law. However, we offer estimating services for many construction projects, so some features that distinguish us from others are as follows:
- Accurate & Detailed Commercial Estimates: We provide comprehensive and competent cost estimates to clients that contain complete details and descriptions of the project with accuracy.
- Pre-construction final estimates: Our pre-construction final estimates give you a chance to compare and negotiate your project pricing. It also helps clients in evaluating certain aspects for redesign.
- Bid Estimates: our estimators provide precise and best bid estimates that help in increasing the profit margins and leading the project towards success.
Our Method to Perform Commercial Estimating Services
To prepare the accurate estimates for the commercial project, estimators need the correct information from the clients. It is very important to have accurate details about the project from stakeholders/clients. Based on the received and gathered details, we work on and generate the estimates. However, we follow the following procedure to complete the Commercial Cost Estimation Services.
- Gathering Relevant Data
Our estimators collect complete details and information about the project, such as materials, nature of the soil on the construction site, stakeholders’ budget, labor, etc. clients provide these details and our then estimators visit the site, and ask questions from the project owners for clarifications. After having all the required and accurate information, we proceed further with the estimation.
- Requirement Analysis
Next step is to find out all required materials and tools for the project. So, estimators break down the details into smaller work units to make the process easy and accurate and then work on them. They make a list of the required materials and tools/machinery, compile them and make a final list with accuracy and precision.
- Cost Breakdown
Next, we estimate the cost of all required items to complete the project. Estimators consider all direct and indirect costs for the project to get accurate results. During the estimation, they separate out the direct and indirect items and estimate their cost. However, the cost breakdown consists of the following
- Direct Cost
Cost of directly involved materials for a project, such as construction materials, equipment, transportation expenses, and labor.
- Indirect Cost
Those expenses don’t directly affect the project’s progress but impact the progress of the construction project. So, estimators add a certain percentage of the indirect expenses to the direct cost.
- Contingency Fund
To prevent the client from any kind of financial problems, estimators include some extra money to use when needed. So, estimators add some recommended percentage of contingency funds to the direct cost..
- Profit Margin
It is the last thing estimators consider during cost breakdown before the submission. They include the specified percentage contractors can use to submit the bid.
- Review and adjustment of the prepared Estimates.
After summing all the costs and profit margin, estimators develop a detailed document that contains the lists of all required items with their cost. Estimators double check the report and ensure the accuracy.
- Prepare bid and Deliver
Next, estimators organize the estimates in a professional proposal/bid and deliver it to the clients.