Construction Budget Estimating Services

Construction Budget Estimating Services

 Prepared by:BuildingSolutions360

1. Introduction

BuildingSolutions360 will provide professional construction budget estimates for your custom home project.

Our goal is to deliver a comprehensive, accurate, and transparent construction budget that clearly reflects the full scope of work, design intent, and current market conditions.

With extensive experience in high-end residential construction, we provide detailed quantity takeoffs, validated pricing, and value-driven analysis to help clients make informed decisions and manage project costs with confidence.

2. Scope of Services

A. Project Review & Data Collection

·         Review all architectural, structural, civil, landscape, and specification documents.

·         Identify missing or conflicting information and prepare an RFI list as needed.

·         Evaluate design features, construction methods, and material selections to determine accurate cost impacts.

B. Site Evaluation

·         Analyze available grading, soils, and utility plans to identify site-specific cost considerations:

·         Access and staging

·         Excavation, retaining, and grading requirements

·         Utility connections and drainage systems

C. Quantity Takeoffs

 ·      Perform detailed, trade-by-trade quantity takeoffs organized by CSI division Including:

 ·      Divisions 1–2: General Conditions, Sitework, Demolition

·      Divisions 3–5: Concrete, Masonry, Metals

·      Divisions 6–9: Carpentry, Millwork, Windows, Doors, Finishes

·      Divisions 10–14: Specialties and Equipment

·      Divisions 15–17: Mechanical, Plumbing, Electrical, Low Voltage

D. Cost Development

·         Apply current local market pricing for labor, materials, and equipment.

·         Obtain budgetary quotes from qualified subcontractors and suppliers where applicable.

·         Incorporate allowances for pending selections based on typical quality levels.

·         Adjust for regional labor costs, project complexity, and schedule duration.

E. General Conditions & Indirect Costs

Estimate project management labor, site supervision, temporary utilities, insurance, permits, and site logistics.

F. Budget Summary & Deliverables

·         Deliver a complete and organized budget package including:

·         Comprehensive line-item estimate (Excel and PDF)

·         Summary by CSI division and trade

·         Allowance schedule for pending selections

·         Clarifications and exclusions list

·         Value engineering options for cost optimization

G. Presentation & Review

 Upon completion, BuildngSolutions360 will:

·         Conduct a review meeting (virtual or in-person) with the client and/or design team.

·         Present findings, discuss cost breakdowns, and review potential cost savings.

·         Provide one round of revisions following design or client feedback.

3. Deliverables

 ·            Detailed construction budget estimate (Excel and PDF formats)

·            Cost summary by CSI division

·            Allowance and value engineering schedules

·            Supporting assumptions, clarifications, and notes

4. Exclusions

 ·            Unless specifically authorized in writing, the following services are excluded:

·            Final subcontractor bid solicitation or leveling

·            Contract negotiation or construction management

·            Permit processing or agency coordination

·            Interior design or FF&E procurement estimates

·            Ongoing cost tracking or progress estimates

5. Project Schedule

Phase                  Description                                        Estimated Duration

Phase 1   Document review and takeoffs    1–2 weeks

Phase 2   Draft budget preparation              3–4 weeks from receipt of complete plans

Phase 3   Client review & final submission  1 week following feedback

Schedule may vary depending on project complexity and document completeness.