PRELIMINARY ESTIMATE
Are you searching for the best and most professional preliminary estimate services? Well, you need the best preliminary estimate company named SMA Estimating. Here, we prepare a preliminary construction cost estimate based on drawing plans. 
So, no matter if you do not know what is a preliminary estimate and preliminary cost estimation in the construction industry?
We can help you evaluate the viability of your project and communicate effectively with your clients by delivering quick and thorough preliminary cost estimation with square footage costs?
Buildit Estimating can offer the most reliable and credible preliminary estimates based on assumptions from previous projects, with 10 years of expertise in the AEC sector and a portfolio of commercial, residential, private, and public projects. Using professional estimating software and our created databases, RSMeans and Craftsmen, we calculate per square foot or square meter costs for completed projects and superstructures. Our location-based database and relationships with local vendors aid in the proper completion of the bill of materials based on a preliminary budget estimate.
Rough Order Magnitude Estimate
The first attempt to estimate in the project’s lifecycle is regarded as a rough order magnitude estimate or ROM. It is employed to analyze the feasibility of the project that contributes to the project’s selection and allocation. It has accuracy in the range of -50% to +50%.
Budget Estimate
Ballpark Estimate
Contractors develop a ballpark estimate to define the scope of work to their clients, enabling owners to make decisions according to their budget. They evaluate it based on preliminary drawings and specifications, and its accuracy lies within 20% of the actual cost.
Definitive Estimate
A definitive estimate is also known as a digital cost estimate contains a detailed itemized list of components involved in the project. It is prepared by using thoroughly developed project plans and has an accuracy of -5% to +15%.
How Can Our Preliminary Estimate Benefit You?
Our estimates can help you in evaluating the initial cost to support in:
- Managing the budget and getting loans
- Setting the project cost limit for Architects and designers
- Getting the idea of probable amount and cost of material and labor.
- Planning the next phase.
- Allocating and negotiating with contractors and subcontractors.
What Do You Get In Our Preliminary Estimate?
- Preliminaries
- Substructures (footings, foundations, etc.)
- Superstructures ( brickwork, walls, sidings, roofs, staircase, floors, doors, windows)
- External/Internal finishes (flooring, drywall, painting, etc.)
- Fittings
- Mechanical (HVAC systems, ductwork, etc.)
- Plumbing (pipes, drains, fixtures, etc.)
- Electrical (cable, conduit, lighting, etc.)
- Labor
- Man Hours
- Contingency
- Project Schedule
