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6-Hour Estimating and Bidding for Success Course

6 Hour Online Course — Fully Narrated

Approved by the following states for continuing education:
MA Approval #
CS-3211
Louisiana UT Approval #
8627

Estimating and Bidding for Success

Course Description

This six hour course is an introduction to the construction estimating process. Although this course will be beneficial to junior estimators just entering in this field, it  could also help architects, engineers and contractors become more familiar with how bids are prepared. The following material will explain the methods of construction delivery, different types of estimates, and the tools needed by the estimator to tender a bid. Being able to read and understand blueprints is also integral to the estimating process. Knowing how to apply and itemize costs for specific activities and materials, based on a set of plans and related professional resources, is key. The estimator who can visualize the project, and accurately determine its costs will become one of the most important persons in any construction company.

 


Course Outline

BIDDING AND ESTIMATING – 2.5 Hours

*Learning Objectives:  1) Recognize the features and advantages of at least five types of estimates. 2) Outline a properly constructed estimate that will encompass all the necessary components required for a successful and profitable project. 3) Identify the responsibilities of the bid team, and what bid day duties include. 4) Gain an understanding of the use of spreadsheets and/or software in structuring a bid program.

 

Types of Estimates

Methods of Estimating

1. General Contracts
2. Construction Management
3. Design Build

Types of Contracts

1. Negotiated
2. Unit Price
3. Time and Material

Types of Estimates

1. Conceptual
2. Budget
3. Assembly
4. Square Foot
5. Trade
6. Detailed Cost
7. Unit Price

The Bidding Process

Bid Documents

1.  Invitation to Bid
2.  Bid Form
3.  Project Manual
4.  Project Drawings
5.  Bid Bonds

The Bid Team

1. Owner’s Officer
2. Chief Estimator
3. Estimator’s Assistant
4. Subcontractor/Vendor Assistants

Pre-Bid Duties, Material Costs and Bid Day

Structuring the Bid Program

1. Identifying Work Scopes
2. Quantity Take-Off
3. Self Performed Work
4. Labor Costs
5. Project Overhead
6. Alternates
7. Sub/Vendor Quotes
8. Request for Information
9. Substitution Request
10. Common Sources for Error

Glossary

Assessment – 20 Questions

 


PLAN READING – 1.5 Hours

*Learning Objectives: 1) Identify the various pages/drawings of a blueprint and recognize the symbols used. 2) Gain confidence in the ability to understand and accurately identify components of an architectural rendering. 3) Correctly formulate mathematical computations to measure materials required for a construction project. 4) Understand the need to be specific in all areas of plan reading.

Parts of a Blueprint

1.  Plans and Drawings
2.  Schedules
3.  Specifications

 

Reading the Plans

1.  Practice Questions

a. Linear feet
b. Cubic yards
c. Locations
d. Door assemblies
e. Exterior trim
f. Stairways

Assessment – 5 questions

 


GUIDELINES FOR ESTIMATING – 2 Hours

*Learning Objectives:  1) Identify basic measurement standards and resources typically used in construction estimating. 2) Gain confidence in the ability to understand and accurately identify components of an architectural rendering. 3) Develop the skill required to apply production rates for varioius trades to reach an accurate estimate. 4) Understand the importance of structuring a bid that includes enough gross or clear profit to not only survive, but to prosper.

Estimating Self-Performed Work

1. Concrete
2. Masonry
3. Steel
4. Carpentry
5. Thermal and Moisture Protection
6. Doors and Windows
7. Finishes
8. Specialties
9. Making a Profit

Assessment – 20 Questions


FINAL ASSESSMENT- 15 Questions

 


Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@licensetobuild.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to www.licensetobuild.com and scrolling to the bottom of the page (See Privacy and Refund Policy).

6 Hour Online Course — Fully Narrated

Approved by the following states for continuing education:
MA Approval #
CS-3211
Louisiana UT Approval #
8627

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during the month of September will be donated to the Hurricane Harvey Recovery Fund. Your support will help teachers rebuild and restock classroom materials like books, furniture, classroom supplies, technology, and therapy resources. To learn more about how this fund is helping schools click here.

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