Schedule:
7:00 AM – 8:00 AM Hot Breakfast
8:00 AM – 11:30 AM Class
11:30 AM – 12:30 PM Lunch
12:30 PM – 4:30 PM Class
PLEASE NOTE: This class will end at 12 noon on Friday.
PLEASE NOTE: This course will ONLY cover structural steel estimating and bidding. It will not address reinforcing steel, curtain wall, or storefront.
FUNDAMENTALS OF COST ESTIMATING AND BIDDING: STRUCTURAL STEEL INSTALLATION: This five-day course is an intensive program designed for ironworkers and contractor personnel who need to develop a system for performing a quantity takeoff, developing a cost estimate, and preparing a bid submission. The course is taught at a FUNDAMENTAL level and is intended for beginners. Any individual with one or more years of estimating experience may obtain limited value from the program or may find this course to be beneficial only as a refresher of existing skills. This program covers:
- Reviewing bid documents to identify required qualifications and suitability for bidding
- Setting up a system and getting organized to prepare a cost estimate and bid submission
- Understanding fundamental quantity takeoff procedures, including using a scale, reviewing plans and specifications, counting and measuring materials, establishing productivity rates, calculating labor costs, calculating equipment costs, identifying general conditions costs, and incorporating overhead and profit
- How to obtain material and equipment pricing
- Identifying the impact of the project schedule on the bid price
- Preparing a bid submission using a bid form or a proposal template
- Reviewing available software programs that can be used to aid in the cost estimating process
This program will provide the estimating foundation for those individuals who are new to the estimating process or those individuals seeking to validate their estimating techniques and build confidence in their skills.
IMPORTANT INFORMATION AND PRE-REQUISITES: Participants must bring a laptop computer, power cord, and mouse to the course and must know how to operate the computer. The computer must be pre-loaded with Microsoft Excel or similar spreadsheet program. There will not be time to download the software during the class. You should also have a basic knowledge of how to use the spreadsheet program. If you do not know how to use Microsoft Excel or similar spreadsheet, you are strongly urged to familiarize yourself with how to use spreadsheet programs before attending this course (i.e., YouTube videos or similar). Participants should also have a basic knowledge of blueprint reading. PLEASE NOTE: This class will end at 12 noon on Friday.
DIETARY RESTRICTIONS: If you have any dietary restrictions (gluten-free, dairy-free, pork-free, keto, vegetarian, vegan, etc.), please let us know right away so that we can arrange to accommodate your restrictions.