The Two Key Components in the Commercial Construction Estimate Process

Achieving a truly accurate construction bid is difficult without the right preparation. Your first step in the commercial construction planning process is to find a lineup of qualified companies and require them each to deliver a realistic estimate. The more comprehensive your blueprints are, the more accurate you can expect your construction estimate to be.

Continue reading to learn more about the commercial construction estimate process, including the two most important components that should be included in all construction bids.

Indiana Commercial Construction Contractors 317-253-0531
Indiana Commercial Construction Contractors 317-253-0531

Commercial Construction Estimate Accuracy

When your commercial construction plans are not fully thought out or finalized, they can offer a lot of room for the unknown. When your blueprints are ambiguous, it is challenging to come up with an accurate bid because not all specifications are detailed and confirmed. The more comprehensive your commercial construction plans are, the more accurate your bid will be. This is the general rule of thumb in the commercial construction industry.

Every integral element should be greatly detailed for optimal bid accuracy, from the architectural and engineering specifications to foundation work, floor plans, plumbing, insulation, technology, and even interior design finishes. A reputable and qualified Indianapolis commercial construction company can help you develop these plans and carry them out from start to finish.

Key Components in a Commercial Construction Bid

When it comes to all commercial construction estimates, each general contractor should include two key components in every estimate process: transparency and scheduling.

Transparency

Full transparency is one of the most important elements in the contractor-client relationship, especially during the estimate process. Not only does transparency build trust and value, but it also allows clients to fully understand their construction plans and properly prepare themselves for their future endeavor. A commercial construction contractor can deliver a higher level of transparency in their bid when the construction specifications lack ambiguity.

One way reputable commercial construction companies keep track of their clients budgeting and building plan is through innovative industry software, which tracks every expenditure and expense as the construction process aims toward completion. They also use the latest developments in budget analysis and cost evaluations, allowing clients to control their spending and set aside contingency budgets for unanticipated construction means.

Scheduling

Another very important component to the commercial construction estimate process is scheduling. Not only is it necessary to schedule the commercial build from start to finish, but it is also important to include additional scheduling allowances for unanticipated events, delays, inclement weather, budget challenges, and more. A reputable commercial general contracting company in Indiana will be able to organize and manage all incorporated schedules within the commercial construction build, including all schedules with subcontractors, designers, inventory deliveries, and more.

Are you ready to skip the hassle of searching for the right commercial construction company and go straight to the most trusted source in central Indiana? Contact BAF Corporation at 317-253-0531 for superior commercial construction services in Indianapolis, Indiana.

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7 Qualities to Look for in a Commercial Construction Company
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What to Expect From Commercial Construction Management Service

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