πHow I prepare a price/cost for a project?βοΈπWhen I start pricing a project, I follow a simple principles so nothing slips through: Here we goo
π1. Understand the designI go through the drawings and specs first. If I donβt understand the work, the numbers wonβt make sense.
π2. Break the project into work itemsConcrete, masonry, plaster, tiles, paint, etc. I list everything clearly so the BOQ flows in a logical order. You can use sample BoQ
π3. Take off quantitiesI measure all items from the drawings. Accuracy here saves headaches later.
π 4. Apply unit ratesI build rates based on:
πΈ Material price
πΈ Labor cost
πΈ Equipment/transport if needed
πΈSmall overhead allowance
βΊI also compare with past projects or market rates to make sure the pricing is reasonable.
π5
. Add contingencyπΆConstruction always has surprises. A small buffer keeps your estimate realistic.
π‘Good BOQ + clear pricing = confidence before starting work.
π‘@etconp