Estimating and Bidding for Success | Michigan

$35.00

4 Elective Credit Hours | Online HD Video Class | No Tests | Instructor: Paul Acker
Learn to outline an estimate that will encompass all the necessary components required for a successful and profitable project with this class tailored for Michigan real estate agents.
VIDEO COURSE DETAILS

Description

Estimating and Bidding for Success

 


 

COURSE SYLLABUS

Course Description

This four hour course is an introduction to the construction estimating process. Although this course will be beneficial to junior estimators just entering in this field, it  could also help architects, engineers and contractors become more familiar with how bids are prepared. The following material will explain the methods of construction delivery, different types of estimates, and the tools needed by the estimator to tender a bid. Being able to read and understand blueprints is also integral to the estimating process. Knowing how to apply and itemize costs for specific activities and materials, based on a set of plans and related professional resources, is key. The estimator who can visualize the project, and accurately determine its costs will become one of the most important persons in any construction company.

 


 

BIDDING AND ESTIMATING

*Learning Objectives:  1) Recognize the features and advantages of at least five types of estimates. 2) Outline a properly constructed estimate that will encompass all the necessary components required for a successful and profitable project. 3) Identify the responsibilities of the bid team, and what bid day duties include. 4) Gain an understanding of the use of spreadsheets and/or software in structuring a bid program.

 

Types of Estimates

Methods of Estimating

1. General Contracts
2. Construction Management

3. Design Build
 

Types of Contracts

1. Negotiated
2. Unit Price

3. Time and Material
 

Types of Estimates

1. Conceptual
2. Budget

3. Assembly
4. Square Foot
5. Trade
6. Detailed Cost
7. Unit Price

The Bidding Process

Bid Documents

1.  Invitation to Bid
2.  Bid Form

3.  Project Manual
4.  Project Drawings
5.  Bid Bonds
 

The Bid Team

1. Owner's Officer
2. Chief Estimator
3. Estimator's Assistant
4. Subcontractor/Vendor Assistants
 

Pre-Bid Duties, Material Costs and Bid Day

Structuring the Bid Program

1. Identifying Work Scopes
2. Quantity Take-Off
3. Self Performed Work
4. Labor Costs
5. Project Overhead
6. Alternates
7. Sub/Vendor Quotes
8. Request for Information
9. Substitution Request
10. Common Sources for Error

Glossary


 

PLAN READING

*Learning Objectives: 1) Identify the various pages/drawings of a blueprint and recognize the symbols used. 2) Gain confidence in the ability to understand and accurately identify components of an architectural rendering. 3) Correctly formulate mathematical computations to measure materials required for a construction project. 4) Understand the need to be specific in all areas of plan reading.

Parts of a Blueprint

1.  Plans and Drawings
2.  Schedules

3.  Specifications


 

GUIDELINES FOR ESTIMATING

*Learning Objectives:  1) Identify basic measurement standards and resources typically used in construction estimating. 2) Gain confidence in the ability to understand and accurately identify components of an architectural rendering. 3) Develop the skill required to apply production rates for various trades to reach an accurate estimate. 4) Understand the importance of structuring a bid that includes enough gross or clear profit to not only survive, but to prosper.

Guidelines I

Concrete
Masonry

Steel

Guidelines II

Carpentry

Guidelines III

Thermal and Moisture Protection
Doors and Windows
Finishes
Specialties
Making a Profit

 


 

Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@licensetobuild.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Privacy and Refund Policy).

247,428 Courses Taken
This was a great course. The instructor was very knowledgeable.
Anthony D.
 
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