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6 Things to Be Aware of When You Get Estimates for a Building Job

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Getting an estimate is an important step in the process of having a building constructed for your company. The more you know about what construction estimates entail, the less likely you will be to deal with inefficiencies and frustrations as your project progresses.

Know what to expect from and how to prepare for construction estimates. The following are six things you should be aware of when you get estimates for a building job.

1. Dealing With the Consequences of Inexact Plans

You should have a completed plan for the proposed structure drawn out before construction companies calculate an estimate to maximize the accuracy of any estimates you get. Merely having a basic drawing of the envisioned structure is likely to create problems and compromise estimate accuracy.

Without a precise plan, you may end up making cumbersome and costly changes to the structure during its construction. You also may have trouble staying on schedule.

Ideally, you should settle on a detailed plan with all the dimensions and measurements determined before you get estimates. This will make things easier for both you and your contractor.

2. Calculating Material Costs

Your building plans should clearly indicate what materials you want to use for each building component. Purchasing your building materials will account for one of the greatest expenses of your project.

Your plans should detail what materials each building component will be made from. You need to analyze your material options before seeking your estimate and decide upon the most cost-effective materials for your walls, roof, flooring, and other building components.

3. Covering the Cost of Labor

Labor costs are also going to be one of the most significant costs of your building project. Your contractor might have to hire out for specialty labor or artisans in addition to using laborers already on your contractor's regular staff.

You should discuss which labor tasks, if any, your contractor will subcontract out. Any work that your contractor needs to hire a subcontractor for may increase the expense of your project.

4. Being Aware of Equipment Needs

Your contractor may need to rent equipment to handle the job and will definitely need to power and maintain equipment as the job goes on.

You will, therefore, want to discuss equipment needs of the project with contractors who present estimates to you. You also want to try to work with a contractor who owns a wide range of equipment to minimize equipment rental costs.

5. Figuring Out Additional Service Costs

In addition to the cost of construction, your contractor will also account for other non-construction costs as part of your project in estimates.

You are probably going to need to acquire certain building permits so that the building does not violate any building codes or municipality rules. You also may need to account for other costs like shipping, storage, and utility costs for a comprehensive cost estimate.

6. Dealing With the Unknown

No matter how much precision and research you and your contractor put into your estimate, you will always have to deal with some uncertainty. One of the most common factors that could delay your schedule or increase costs is inclement weather events. Bad weather can complicate construction or even damage existing construction before the project is complete.

Getting an accurate estimate is important for staying on budget to complete your project. Discuss any potential hazards and cost increases to minimize the potential for expensive surprises down the road. 

If you want an estimate on a construction job for your company, contact us today at United Constructors of Texas to inquire about the building services we provide.