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Los Angeles 2019 Construction Monthly

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Trenching & Excavation Safety... Continued<br />

used to produce a quantity take-off. Drawings<br />

that will not be used or involve only a minimum<br />

of time are discounted. Drawings such as the<br />

title sheet, index sheet, symbols sheet and to<br />

some extent the general information sheets.<br />

At the time the article was written the average<br />

time spend on each drawing was two hours.<br />

Today with the use of digitizers and computer<br />

estimating systems the time require is probably<br />

no more than one to one and a half hours<br />

per drawing. It is prudent to continue to use<br />

two hours per drawing to set a not to exceed<br />

time frame. Obviously if a project incorporates<br />

repetition of elements the time calculations<br />

should take this into consideration and reduce<br />

accordingly.<br />

Percentage of Total Cost Method<br />

Obtain an approximate cost of construction<br />

from a conceptual estimate or from any square<br />

foot estimating manuals such as Marshal &<br />

Swift, R.S. Means, National Estimator. etc..<br />

Find that position in $ x 1,000 and find the<br />

corresponding high and low percentage of the<br />

total cost that should be applied to production<br />

of the estimate.<br />

Article by Charles C. Munroe III FCPE<br />

Member of the Council of Fellows of the American<br />

Society of Professional Estimators & a<br />

Certified Professional Estimator (CPE)<br />

See his educational session<br />

“<strong>Construction</strong> Cost Estimating”<br />

at 9:30am on Wednesday & Thursday<br />

14 CONSTRUCTIONMONTHLY.COM

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