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| 1) What is a detailed construction cost estimate? |
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| A detailed cost estimate is a step by step calculation of the material and labor required to complete a construction project. This document is prepared after analyzing the architectural plan of the building and has all details about the cost and material involved. For example, it will give you the exact quantity of cement bags, bricks, sand, steel and other raw material required and the prices in your area. |
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| 2) How would it help you save money? |
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| 2.1) It is normally seen that the contractor quote hefty amount for a construction job if they think that the home owners do not know about the internal calculations. This document will help you negotiate a better price with your contractor. In the current market scenarios these negotiations can save you Lacs of rupees. |
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| 2.2) Even after the contract is signed, the contractor may use sub-standard material in construction. The detailed cost estimate would give you the specification of the material and the exact quantity that should be used in construction. |
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| 2.3) The detailed cost estimate is a great document to plan the material procurement and budgeting of the construction. This eliminates the wastage of labor and the material at the construction site resulting into saving of money. |
| 3) How much can it save? |
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The detailed estimate cost are:
Up to 2000 sq.ft area= Rs.3.00 per sq.ft.
From 2001 to 5000 sq.ft area= Rs.2.50 per sq.ft.
From 5001 to 10000 sq.ft area= Rs.2.00 per sq.ft.
Above 10000 sq.ft area= Rs.1.50 per sq.ft.
Using this document one can save upto 10% of the construction cost which can be a saving of Rs. 50 to Rs.100 per square feet. |
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| 4) Use the steps below to order. |
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