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oujustspentalotoftimetakingoffasetof
drawingsandmoretimeenteringthetakeoff
intoyourestimatingsystem.Nowyoucan
relax,waitforthequotestocomein,sendyourfinal
pricetothegeneralcontractorsandwinthejob.
Right?Idontthinkso.Biddingismorecompetitive
nowthanithaseverbeeninmycareer.Itsthetime
tofinetuneyourestimates.
ECMag Live
WhenIwasajuniorestimator,thecompanyIworkedatwasstillestimatingbyhand.Afterthecountswere
finished,Ihadtomanuallyexplodethemintotheircomponentparts,listthemonapricingsheet,addprices
andlabor,anddoallofthemathrequiredtocomeupwithmaterialdollarandlaborhourtotals.Then,those
totalshadtobetransferredtoarecapitulationsheetwherethelaborhourswereconvertedtodollars,and
quotes,rentals,subcontractorsanddirectjobexpenseswereadded.Finally,markupsformiscellaneous
materials,salestax,overheadandprofitwereadded.
Whatarush!Therewereusuallyfourpeopleintheofficeonbidday,pricinglabor,extendinganddouble
checkingeachothersmath,whichusuallyhadtobedonemorethanonce,asnewpricing,quotesandthe
bosschangescamein.Wealwaysfinishedjustintimetogetourproposalsout,leavingverylittletimeto
reallystudytheestimate.Wesometimesendeduperasingallthewaythroughthepaperbecauseofthemany
changesmadetotheestimate.ThereweretimesIthoughtaboutbuyingstockinPaperMate,which
manufacturesPinkPearlerasers.
Analyze this
Thebestplacetodomuchofthefinetuningisinasummaryreport,wherethetakeoffisdistilleddowntoone
lineitemforeachtypeandsizeofmaterial.IntelliBidsonscreensummaryreportisinteractive,allowing
changestobemadetotheestimatewhilethereportisdisplayed.Thefirsttaskistostudythelineitemsin
thereport,lookingfortakeoffanddataentrymistakes.
Heresanexampleofanincorrectitem:Ifthespecificationsrequiredsteel,compression,insulatedthroatEMT
fittings,whydidIfindsomediecastfittingsinthereport?Thereporttellsmewheretheseitemsareinthe
estimate,soIcanfixthemquickly.
Anotherthingtolookforismissingitems.Saythereportcontainsfusibledisconnectsbutnofuses.Itstimeto
gobackintothetakeoffandaddthefuses.
ThenextthingIlookforisitemswithnopricing.IntelliBidcancreateaseparate,zeropricereport,butIlike
usingthesummaryreport.Inthesummaryreport,Icanclickonanycolumnheadertosortbythatcolumn.
Thefirstclickresultsinanascendingsort,whileasecondclickgetsyouadescendingsort.Theascendingsort
iswhereIlookformaterialwithnopricing.
Next,Iwilldoadescendingsortonthematerialtotalcolumn,whereIlookforlargedollaramounts.Often,the
materialassociatedwithlargedollaramountscanbesentoutforbetterquotes.Thisisalsoanotherwayto
lookfordataentryerrors.Forexample,whydoIhave$50,000of500MCMTHHNinthereportwhenIdidnt
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VideoLibrary
takeoffany?Onceagain,thesystemguidesyoubacktowherethetakeoffwasmade,sotheerrorcanbe
corrected.
Next,analyzethelaborinasimilarway.First,sortthelaborcolumntolookforzeros,andthensortthelabor
totalcolumntolookforbignumbers.Analyzethelargelabornumbersforopportunitiestoreducelaborhours.
Forinstance,maybeIforgottofactorsomeconduitlaborforparallelruns.Again,theprogramwillguideme
backtoatakeoffthatneedsadjustment.
Thesearejustafewexamplesofhowyoucanfinetuneyourestimates.Takesomeofthetimeyour
estimatingsystemsavedyoutocarefullystudyyourestimate.Itstimewellspent.
Estimating, Takeoff, Bidding
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