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Estimating for Contractors

Description

Estimating for Contracting will provide you with the knowledge and tools to provide a complete quality estimate that supports a company’s main objective - profitability. A quality estimate with achievable components is often the first and a necessary step to a successful and profitable project. This process-driven course covers all estimate components and requirements from receipt of tender documents to submission of quotation and beyond tender closings. With an understanding and implementation of these skills, the estimator can provide a quality estimate that their company will have confidence in when setting fees.

Estimating for Contracting uses a multi-module application approach to provide you with the concepts and processes that guide the development of a quality estimate. These modules are applicable to both bidding subcontractors and general contractors. For those modules with different application and implementation for subcontractors and general contractors, this course addresses both scenarios. Modules include real life work exercises and examples, why processes need to be followed and the consequences of not following them, missed winning bids or worse - an unprofitable project!

Topics: 

  • Project execution plan and scheduling
  • Using bid documents
  • Assemblies and takeoffs
  • Estimate structures
  • Labour, materials and equipment costing
  • Bonds and insurances
  • Site visits
  • Estimating renovations
  • Overhead and general expenses
  • Profits and fees
  • Tender closings
  • Estimate execution schedule and plan
  • Budgeting and unit price estimates
  • Estimating P3s           

Intended Audience

  • New or junior estimators
  • New or future project managers and project coordinators
  • Superintendents
  • Manufacturers and suppliers

Prerequisites

If you do not have a working understanding of construction documents (drawings and specifications), you should take Understanding Construction Documents prior to this session.

Presenter

Randy Storoschuk, Sustainable2 Construction Services Ltd.

Randy has more than 35 years of experience in construction, working as a labourer, estimator, chief estimator, project manager and risk manager. He’s worked under many contractual arrangements such as lump sum, design/build, unit price, and P3 for building, civil and industrial projects. Notable projects that Randy has worked on include BellMTS Place, Manitoba Hydro’s downtown office building, the Canadian Museum for Human Rights and the Disraeli Bridge project. In the early stages of his career, Randy estimated and managed lump sum bid and negotiated projects which included all areas of construction. Randy then moved into risk management where the focus was on request for proposal responses, preconstruction planning and construction document development, while working in a project team environment.

Over the past few years of “retirement,” Randy has been giving back to the industry by mentoring up-and-coming estimators and sharing his knowledge and experiences in the classroom.

Related Info

WCA Cancellation Policy

WCA will provide a full refund or education credit equal to the amount paid for the course if registration is cancelled two (2) full business days prior to the course start date. Payment is non-refundable for cancellations made within two (2) full business days of the course start date and there will be no transfers to future course dates.

Complimentary substitution of another member of your company/team is welcome right up until the course start time for no additional fee. Please email us at wcaeducation@winnipegconstruction.ca if you require a substitution.

 

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