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Estimating Lump Sum Bidding

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General Introduction

General Introduction
Goals
Your Goals for This Course
Why Are You in the Construction Industry
Every Project Is Different
General Introduction Quiz

Let’s play the Game
What’s so special about Playing Games
The Construction Industry Game
Company Values
The Estimating Game
Point of View Quiz

Strategy

Who Are You As a Person
Strategies
Knowing Your Competitors
Other Strategies
What is Your Strategy
Strategy Quiz

Subcontractor Selection
Subcontractor Relationships
Subcontractor Invitations
Subcontractor Selection
Subcontractor Quiz

Investigate Project

Investigate the Project
Preliminary Scope Sheets
Preliminary Budget
Who is Responsible
Sub Bid Posting Logs
Subcontractor Discussions
Final Thoughts
Investigate Project Quiz

Detailing The Estimate

Where Do We Begin
Visit the Jobsite
Study the Bid Documents
Soil Reports
Thoughts on Quantity Surveys
Prepare to Focus on the Quantity Survey
Detailing The Estimate Quiz

Quantity Surveys

Audit Trail
Organize Your Estimating Files
Self-Performed Quantity Surveys
Trade Quantity Surveys
Final Thoughts
Quantity Surveys Quiz

Construction Schedule

Construction Schedule
Why Are Construction Schedules Important
How Schedules Effect Costs
Milestones
Long Lead Items
Procurement Schedule
Site Logistics
Pricing
Construction Schedule Quiz

Personal Involvement

Personal Involvement
Know the Game You Are Playing
Why Are You In the Construction Industry
Personal Involvement Quiz

Pricing

Pricing Your Work
Entering QS into Pricing
Fill in Holes and Gaps
Final Thoughts on Pricing
Pricing Quiz

Synthesizing The Bid Part 1

Synthesize the Estimate
Review Everything
Identify Risks
Equipment
Synthesizing The Bid Quiz

Synthesizing The Bid Part 2

Review the Estimate with Management
Risks and Fees
Cash Flow Reports
Subcontractors
One Week to Go
Synthesizing The Bid Part 2 Quiz

Scoping Subcontractors

Scoping Out Your Subcontractors
Interview Key Subcontractors
Laps and Gaps
Closing Sub Amounts
Handling Alternates
Bonding Subcontractors
Find the Hidden Subs
Hidden Sub Strategy
Final Thoughts on Scoping Subcontractors
Scoping Subcontractors Quiz

Final Pricing
Final Discussions With Management
Final Preparations
Ready
Final Details Quiz

Bid Day Closing

Bid Day Closing
Bid Day Sheets
Manage Your Emotions
Update Your Pricing
Close All Holes
Final Steps
Bid Day Closing Quiz

Post Bid Work
Bid Is Done
Post Bid Work Quiz

The Buying Process

The Buying Process
Review Pricing
P.M. Duties
Pre-Buyout Activities
Negotiate With Subs
Final Deal Making
Final Thoughts
The Buying Process Quiz

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