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MC Industrial's in-house Estimating Department is staffed to handle all project estimating needs. Our team represents the various building systems, including:
- Civil
- Architectural
- HVAC
- Fire Protection
- Structural
- Electrical
- Plumbing
- Specialty Equipment
Drawing upon its extensive historical database as well as current information from vendors and subcontractors, MC Industrial provides estimating that not only predicts costs but also functions as a cost control mechanism. Throughout the pre-construction phase, as conceptual information is converted to details, each system cost is compared to the corresponding estimate and updated. As a result, our team readily identifies changes in the project scope and increases in the anticipated construction cost. This allows the team to continue work on cost efficiencies as design efforts progress.
Using MC2 and Microsoft Office software, we provide a pricing framework upon which accurate estimates are built and design decisions are analyzed and tracked. MC Industrial's estimators create three complete, independent estimates during the project:
1. Conceptual Program Estimate
Many contractors simply use costs per square foot for various departments to estimate at the conceptual level. This method can cause inaccuracies because it is dependent upon variables such as labor rates, productivity, material costs, schedule and quality of systems, all of which can drastically affect pricing. MC Industrial provides accurate conceptual pricing through the use of its exclusive Program Questionnaire. Before preparation of the program estimate, the project owner and design team are asked to complete this questionnaire, which defines the level of quality and types of systems desired for the project. Using this information and block diagrams, MC Industrial creates a comprehensive set of criteria which becomes the basis of future outline specifications. The program estimate is then created using unit quantities from MC Industrial’s historical database.
If the project requires, we can provide program estimates based on block schematic design for numerous alternative schemes that may be under consideration by the owner and architect.
2. Schematic Design Estimate
MC Industrial prepares a Schematic Design Estimate based on the team’s schematic drawings and outline specifications. This estimate includes measured quantities for architectural and structural items and database estimates for mechanical and electrical systems.
3. Design Development Estimate
At this point, MC Industrial’s estimates include measured quantities for approximately 90 percent of all items in the project, including mechanical and electrical.MC Industrial’s management team uses this document as a tool to review the results of the design development effort and once again confirm the project budget prior to issuing bids. We also evaluate subcontractor and supplier bids based on this estimate. From the Construction Documents Estimate, MC Industrial prepares the Guaranteed Maximum Price for the project, which forms the basis of the Construction Agreement and includes all total direct cost of the work, subcontractor performance and payment bonds, on-site general conditions, necessary contingencies and cost of customary insurance.
MC Industrial is extremely proud of its estimating system, which has been developed and refined over the years. Our historical database and current experience are the key to MC Industrial’s ability to establish a budget early and control costs throughout the project.
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