Construction Estimate Template:
Free Download

Construction estimating is key to winning every project. Using a template can make getting the job done a lot easier.

An accurate cost estimate is crucial for successful construction projects. If a cost is off, even by a small margin, it can cause substantial problems for both you and your client.

Construction companies stand to lose more than just money when an inaccurate estimate is used for a project so it’s important to put in measures that minimise the risk of errors.

The benefits of using a template include:

• Accurate cost estimation often leads to an easier negotiation process.
• Nobody wants to go to their clients with additional charges during the construction process. A detailed template helps avoid this by making sure nothing is missing.
• The use of a good template will help you and your team keep track of costs and expenses as the project develops.
• Overall, it leads to better time management and budget efficiency
  

Be mindful of checking and double checking your estimates before final submission to your client. Missing information and mathematical errors are two of the most common pitfalls which, with good practice, can be easily avoided.

Build your estimate and proposal with just 3 simple steps:

1. Add project details

Fill in company and project details, setup your cost categories and subcategories

2. Create estimate

Build your estimate line by line with categories and subcategories; Add quantities, costs, and markup

3. Send proposal

Attach the cover letter, cost estimate summary and marked-up plans

How to use the free construction estimate template

Download the template and follow these 5 simple steps to complete your construction estimate:

1. List all the material and labour line items for the job
2. Add a % for wastage (optional)
3. Add a unit cost to each line item
4. Add contingency and profit margin
5. Total the numbers for a final cost estimate figure

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This free template allows you to create a comprehensive cost estimate for your project whilst giving you flexibility to choose whats included in the final proposal sent to the client via the Summary Tab.

Download Free Construction Estimate Template

To Conclude

Download the template and follow these 5 simple steps to complete your construction estimate:

1. List all the material and labour line items for the job
2. Add a % for wastage (optional)
3. Add a unit cost to each line item
4. Add contingency and profit margin
5. Total the numbers for a final cost estimate figure

‍
This free template allows you to create a comprehensive cost estimate for your project whilst giving you flexibility to choose whats included in the final proposal sent to the client via the Summary Tab.

It’s not uncommon for construction projects to have hundreds of line items, so if figures and calculations are being entered in manually it’s easy to see how errors can occur. A template can help you verify that the totals you record, are in fact correct.

A construction cost estimate template is also a great tool for tracking the performance of a project against the total time and cost incurred. Be sure to look for a quality construction time tracking software to make sure you're keeping track of your time correctly, too.‍

ConX Measure enables users to do takeoffs from plans and blueprints to generate a Construction Estimate Template with marked-up plans to consistently create winning proposals.

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