Chapter 1 Introduction Objectives What is an Estimate? The role of estimating in the construction industry Conceptual estimates Preliminary estimates and cost planning Preparing construction estimates Project delivery systems and estimating Estimates for different types of contracts Estimating and construction safety Summary Review questions Chapter -2 THE ESTIMATING PROCESS AND PRELIMINARY PROCEDURES Objectives The bid estimating process Projects out for bid Open bidding The decision to bid Scheduling the estimating process Bid record and bid documents Obtaining bid documents Review bid documents The query list The Team approach Site visit Computer estimating systems Other technology Summary Review questions Chapter 3 MEASURING QUANTITIES GENERALLY Objective The quantity takeoff iv) What is measured? Units of measurement Item units Measuring ‘’net in place Takeoff rules Accuracy of measurement Organization of the takeoff Estimating stationery Takeoff by computer Formulas and perimeter centerline calculations Summary Review questions Chapter-4 MEASURING SITEWORK, EXCAVATION, AND PILING Objectives Generally Soils report Bank measure, swell, and compaction factors Excavation safety considerations Use of digitizers On-screen takeoff Measuring notes: excavation and backfill Calculation of cut and fill using the’ grid method Calculation of cut and fill using the section method Trench excavations Trench backfill Trench takeoff example Trench takeoff example Greater accuracy Measuring notes: piling Bearing piles, generally Sheet piling, generally Drawings Site work takeoff Site work takeoff using ICE software Summary Review questions Chaopter-5 measuring concrete work Objectives Measuring concrete work Measuring notes: concrete Measuring formwork Measuring notes: formwork Measuring notes: finishes and miscellaneous work Example 1: house Example 2: office/warehouse building FCE office foundation takeoff using ICE software Summary Review questions Chapter-6 MEASURING MASONRY WORK Objectives Masonry work generally Measuring masonry work Brick masonry Concrete blocks Conversion factors Measuring notes: masonry Masonry work: house (brick facings alternative) Masonry work: office/warehouse building Summary Review questions Chapter-7 MEASURING CARPENTRY AND MISCELLANEOUS ITEMS Objective Measuring rough carpentry Board measure Metric units Measuring notes: rough carpentry Measuring finish carpentry and millwork Measuring notes: finish carpentry Doors and frames Windows Miscellaneous metals Specialties Finish hardware Measuring exterior and interior finishes Carpentry and miscellaneous work takeoff: house example Exterior and interior finishes takeoff: house example Summary Review questions Chapter-8 PRICING GENERALLY Objectives Introduction Contractor’s risk Pricing materials Pricing subcontractors’ work Summary Review questions Chapter -9 PRINCING CONSTRUCTION EQUIPMENT Objectives Introduction Renting versus purchasing equipment Depreciation Maintenance and repair costs Financing Expenses Taxes, insurance, and storage costs vi) Contents Fuel and lubrication Equipment operator costs Company overhead costs Use of spreadsheets Summary Review questions Chapter-10 PRICING EXCAVATION AND BACKFILL Objective Excavation equipment and methods Excavation productivity Excavation work crews Excavation materials Excavation and backfill recap and pricing notes example 1: house Excavation and backfill pricing notes example 2 : office/warehouse Building Summary Review questions Chapter-11 PRICING CONCRETE WORK Objectives Cast-in-place concrete work generally Supplying and placing concrete Concrete materials Formwork Reinforcing steel Miscellaneous concrete work items Wage rates Concrete work recap and pricing notes example 1: house Concrete work pricing notes example 2: office/warehouse building Pricing using MC ICE Software 280 Using the drill down navigation bar Summary Review questions Chapter-12 PRICING MASONRY, CARPENTRY, AND FINISHES WORK Objectives Introduction Masonry Rough carpentry Finish carpentry and millwork Masonry, rough carpentry and finish carpentry recap and pricing notes Example 1: house Masonry work pricing notes example 2: office/warehouse building Summary Review questions Chapter-13 PRICING SUBCONTRACTORS WORK Objective Introduction List of sub trades Unknown subcontractors Evaluating subcontractors Bonding of sub trades Pre-bid sub trades proposals Analyzing sub trade birds Bid depositories Scope of work Masonry scope of work Windows scope of work Glass and glazing scope of work Summary Review questions Chapter – 14 PRICING GENERAL EXPENSES Objectives Introduction Project schedule Safety and first aid Travel and accommodation Temporary site offices Temporary site services Hoardings and temporary enclosures Temporary heating Site access and storage space Site security Site security Site equipment Trucking Dewatering Site cleanup Miscellaneous expenses Labor add-ons General expenses pricing notes example 1: house General expenses pricing notes example 2 : office/warehouse building Pricing general expenses using MC ICE software Summary Review questions Chapter-15 CLOSING THE BID Objectives Introduction In advance of the bid closing The pre-bid review The closing The presentation phase Value analysis: example 1 Value analysis: example 2 Summary Review questions Chapter 19 LIFE-CYCLE COSTING Objectives Introduction What is life-Cycle Costing? The time value of money and the nation of equivalence Compound interest Compound interest calculations Nominal and effective interest rates Derivatives of the compound interest formula Using tables Compounding periods Determining the appropriate discount rate Price inflation Equal life alternatives Unequal life alternatives Equivalent uniform annual series Alternatives with unequal life spans (Revisited) Incremental cost analysis Summary Review questions
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