Estimating is a critical and primary step for all contractors.
Getting work means building work. If a contractor cannot acquire work, he or she may be just a pricing service. Pricing work profitably means knowing your costs. Earning margin on jobs means a contracting business is profitable. Placing appropriate price proposals in the market gives a construction firm the best chance for continued success. This white paper concerns the process of doing so and the nature of this challenge.
Stevens-Day Construction Institute Inc.