Construction Cost Estimation Services

IndiaCADworks can provide highly accurate cost estimates, facilitating the cost prediction of your undergoing project and the overall management cost to be presented to the builder. Whether you are interested in making an investment decision in the conceptual stage, negotiating or finalizing the implementation contract, or implementing the cost control measures, we offer you the proper support for cost estimation. IndiaCADworks also helps contractors and engineers with estimates that determine the project costs and profits, as well as developing a database or evaluating construction alternatives.

Please give careful consideration to all the specifications of your project, including the feasibility analysis, materials, equipment, design and labor, insurance and taxes, inspections and testing, buying, holding, and improving land, etc.

Following your requirements, our experts comprehensively analyze the scope, time, cost quality, and performance. We use design and engineering software such as Design Suite (BDS), Revit, AutoCAD, Navisworks, Building Material Estimators (Win), ProEst Estimating, and Quest Estimator to deliver accurate estimations.

Services for Construction Cost Estimation at IndiaCADworks

At IndiaCADworks, we provide estimations on all three essential functions of design, bidding, and control, which are generally needed to estimate project costs.

Design Estimates: This service is especially important for owners and designated design professionals, as the types of cost estimates run parallel with the planning and design process. For this category, we are in charge of:

Screening estimates order of magnitude estimates, a prediction based on the capacity of the proposed project
Preliminary estimatesbased on conceptual design decisions are made
Engineer’s estimates based on plans, data, and specifications on projects already performed
Detailed estimates definitive estimates prepared after drawings completed

Bid Estimates: This type of service is addressed to contractors. Bid estimation submitted to the owner for competitive bidding or negotiation will consist of a direct construction cost, including field supervision and a markup to cover general overhead and profits. For this, we will follow a combination of the following approaches:

Subcontractor quotations
Quantity takeoffs
Construction procedures

Control Estimates: This service monitors the project during the construction phases. Through the cost estimation, there will be established:

Budget estimate for financing
Budget required after contracting but before construction
Estimated cost to completion, as the development progresses

We consider all the different perspectives of institutional requirements for the building cost estimations. We can help you estimate the expected costs in various areas, such as design development changes, schedule and material adjustments, site conditions that are different than expected, additional permits imposed during construction, etc.

Outsourcing Process for Construction Cost Estimation

Matching the meticulous approach for construction cost estimation, our working process consists of several steps to be followed:

Determine Base Estimate We obtain project information and familiarize ourselves with the background and details of the project, after which we complete the quantity survey. Each phase of a project life cycle requires a different type of estimate, and therefore, different kinds of information will be collected. In this initial phase, we also decide on the associated schedule for each step of the cost estimation process.
Estimation Analysis In the second stage, we develop methods for completed estimates appropriate for the project's scope and schedule. At this juncture, we will ensure that the data reflects the project scope and site conditions. According to the details established in the initial phase, we can be in charge of preliminary, unit price, conceptual cost, accurate estimation, and others. We can give you reports on a daily or weekly basis.
Cross-checking and Final Summaries At this stage, we validate all the cost estimates and provide you with listings and calculations of all the direct and indirect costs.
Reviews and Estimation Conversion We can help you do all the required reports at this stage. Additionally, we can show estimating procedures that allow conversion of the estimate to field cost systems so management can monitor and control field activities.

At IndiaCADworks, we can help you present the output of the cost estimation in either written, tabular or graphical outputs.

Benefits of Construction Cost Estimation outsourcing

At IndiaCADworks, we offer accurate Cost Estimates for designers, constructors, project managers, and owners at affordable rates. Our experienced team provides precise estimates on time.

Benefits of outsourcing your Construction Cost Estimations to us:

Getting a quick determination of the feasibility of your project
Having a quick screening of alternatives
Establishing financial requirements and construction budgets
Overview of the initial capital cost, as well as the subsequent operation and maintenance costs

What additional advantages do we have at IndiaCADworks:

Well-defined procedures that assure highly accurate estimations
Considerations of the nature, size, and location of the project
Comprehensive analysis of the scope, time, cost quality, and performance
Economically priced estimates with delivery on time
A sound system of evaluating forms and procedures that are understood and accessible
Methods for quantity surveys that are in logical order and consistent with the industry classification system
Uniform and legible estimate documentation presented in a professional manner
High standards of confidentiality

Contact IndiaCADworks

Contact IndiaCADworks to prepare your Construction Cost estimation! We will help you achieve the lowest overall project cost that is consistent with your investment objectives.