User: DW98, Location: Tennessee NEC:2017
Asked on: Wednesday, March 16, 2011 at 4:29 pm EDT
Answered on: Tuesday, May 14, 2024 at 2:53 am EDT
Question: Looking for suggestions on best way to learn to prepare electrical estimates - outside of going to work for a contractor which would be best way. I'm an electrical engineer for a consulting company and have access to RS Means. I'm looking to better understand cost of my designs for personal knowledge and to accurately provide estimates for owner and to properly evaluate contractor change order requests. Any suggestions, helpful hints, recommended estimating handbooks are appreciated. Thanks.
Recommended Methods
Online Courses
Coursera, Udemy, and EdX offer online courses specifically designed for construction cost estimating. Search for courses related to "electrical estimating" or "construction estimating."
Estimating Software
Familiarize yourself with electrical estimating software such as OnScreen Takeoff, Sage Estimating, or Planswift. These tools can automate the process and provide standardized cost databases.
Study RS Means Data
Utilize RS Means' cost data to research material costs, labor rates, and equipment requirements. Supplement this with industry publications and online resources.
Network with Contractors
Attend industry events or reach out to contractors directly. Ask for their insights into estimating practices and how they approach pricing.
Learn from Existing Estimates
Review estimates prepared by contractors and break down the components to understand the methodology and unit costs.
Helpful Hints
Understand Construction Documents
Thoroughly analyze construction drawings, specifications, and schedules to determine the scope of work.
Consider Design Complexity
The complexity of the electrical design will impact the cost of installation.
Factor in Labor Costs
Research prevailing wage rates and productivity assumptions for the specific location.
Account for Material Costs
Estimate the cost of materials, including electrical equipment, wires, and conduit.
Include Miscellaneous Costs
Allow for overhead, profit, and contingency expenses.
Recommended Estimating Handbooks
Means Electrical Cost Data (RS Means)
Provides comprehensive cost data for electrical systems and materials.
Electrical Estimating Handbook (Electrical Contracting Business)
A detailed guide to estimating electrical projects for residential, commercial, and industrial applications.*
National Electrical Estimator (Craftsman Book Company): Offers pricing information for electrical materials, equipment, and labor. Flag for review