Steps for accurate estimating

Steps for accurate estimating

You have the tender documents and now you have to produce an estimate. So, another tedious and time-consuming task lies ahead. You go through the drawings, you analyse the bill of quantities, and you scrutinise the specifications. Then before you start work on the project, you check that all-important date. The deadline date. Now you know the full extent of the task ahead of you.

Of course if you’re an estimator all this will be familiar to you. You will approach the task one step at a time ensuring all your figures are as accurate as they can possibly be. If your company is a pre-approved contractor then inevitably the final decision will simply come down to cost. With this in mind, you might want to double check all the figures, which is yet another time-consuming exercise.

With so much time and effort going into producing an estimate, it’s only natural you will want to ensure you have covered every step of the process, methodically and mathematically. That’s what we do at Hotcost. We follow a step by step plan, which ensures nothing is left to chance. We look at every aspect of the tender documents, and we ensure that we always cost every element accurately.

We know all about timescales and we know how important accuracy is, so we work to ensure we combine both of these vital factors. We’re doing this every day, so we really do have our finger on the pulse when it comes to getting it right. Why not call us now and find out how we can help you get it right?

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