Estimating System Overview
In this workshop Landscape and Irrigation contractors will be Introduced to the key components of an effective estimating system. The pros and cons of each of the six most common methods of estimating used in the market today are discussed in depth.
WHERE
Ohio Turfgrass Research and Education Facility
2710 North Star Road
Columbus, Ohio 43221
Click Here for Directions
WHEN
Wednesday, February 18, 2015 from 7:45 AM to 5:00 PM (EST)
COST
$50 – Ohio Irrigation Association Members
$150 – Non-members
Those who attend will be provided with a detailed explanation of the key principles involved in:
• The estimating budget process
• Calculating and controlling equipment costs
• Calculating labor burden and average wages
• Measuring, allocating, and controlling general and administrative overhead costs
• Reviewing a bid
• Determining general conditions costs in a bid
• Understanding market predisposition
• Understanding the six most common methods of estimating used n the market
Estimating Excel Workbook
Landscape and Irrigation contractors and/or key staff will learn how to use J.R. Huston Enterprises’ MS Excel worksheets (attendees will have to have their own computer) to:
• Prepare a general and administrative (G&A) overhead and field-labor hour budget
• Calculate labor burden, average wage, and equipment costs
• Price/bid projects by the lump sum method
• Measure, allocate, and control G&A overhead costs
• Understand the total quality management (TQM) process as it relates to estimating
• Understand the six most common methods of estimating used in the market today
• And more…
Attendees will need:
• A laptop computer with MS Excel and a CD drive
• A calculator (with extension cord if necessary)
• Note pad, pens and pencils
• State unemployment rate *
• Workers’ compensation insurance (WCI) rates/policy *
• General liability insurance rates/policy *
• Medical insurance costs
• Most recent year-end Profit & Loss (P&L) statement *
• Current year P&L (if available) *
* Approximate numbers provided by Jim Huston for start-up companies
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