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The Price in the Preliminaries and Other Trades

   

Added on  2020-02-18

23 Pages5254 Words297 Views
ESTIMATING MAJOR1ESTIMATING MAJORBy NameCourseInstructorInstitutionLocationDate
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ESTIMATING MAJOR2Executive summaryThe purpose of this report was to form a team of members whose main aim was to discuss the price in the preliminaries and other trades of Bills of Quantities. The team also selected one option that was provided in part 2 of the task so as to make strong impressions to the senior estimator in their skills that demonstrated high estimating skills, outstanding researching skills. Finally, the team was able to bring forth best estimates that eventually maximized and optimized the probability of winning the tender.
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ESTIMATING MAJOR3Table of ContentsExecutive summary.........................................................................................................................2Introduction......................................................................................................................................3Part A: Project preliminaries costs..................................................................................................4Section A1................................................................................................................................4Section A2................................................................................................................................7Typical preliminaries item for this project...............................................................................7A2: Preliminaries Bill...............................................................................................................9Part B. priced Bills of Quantities (BQ) for the selected trades using Build software...................11Section B1..............................................................................................................................11Section B2..............................................................................................................................14Conclusion.....................................................................................................................................15References......................................................................................................................................16
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ESTIMATING MAJOR4Introduction.Tendering process is a very important task that any organization should undertake with outmost considerations. This is because the contract to be awarded the task must be highly skilled and knowledgeable in a particular field of expertise (Mckeon 2016). This report involves a process oftendering a construction contract by a group of five highly skilled and innovative group members. The report involves the pricing of preliminaries and several trades of BOQ. This groupis determined to express all undertakings in this process so as to win this tender. We aim at satisfying the senior estimator the team is able to undertake the contract. We will prove beyond any reasonable doubt that this team will provide the best service upon winning the tender. From experience, the team posses perfect estimating skills, outstanding skills in research and competent management of the tenders previously awarded by other organizations. Therefore, the team will better burn the mid night oil so as to come up with great estimates that will optimize the high chances of winning the tender.Construction of durable and presentable structure needs a lot of planning and design. A great need of experts to undertake these functions cannot be assumed. The process of construction is very involving in both time and finances. Therefore, such a contract requires a lot of zeal, skills, dedication and will power. The owners of such structures rest their cases to the winner of the tender. Any mistake done by the contractor concerning the construction will definitely cost the owner in terms of time and resources. It is therefore very significant to display all the skills and expectation when negotiating for tenders and even after winning the tender. Lastly, it is important to note that construction contract involves various sections of construction. This includes designing doors and windows and their fixing designs, painting, construction of hydraulics and drainage systems. In addition, installation of electricity and preparation of exterior elements and designs need to be incorporated in construction process of durable structures. Finally, it involves a lot of ground works, management and processing of concrete, masonry, metal work, woodwork, hardware design, roofing and roof plumbing. The important thing to report at this particular point in time is that, this team has all the skills, knowledge and expertise they will cut across all those areas of construction. Therefore, once the team is awardedthe tender, all these areas will be done effectively and smoothly.
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ESTIMATING MAJOR5Part A: Project preliminaries costs.Section A1.This particular section involves the critical explanation of the need to identify accurately the pricing costs in the project preliminaries costs.Actually, through this section, the team is in a position of maximizing and optimizing the probability of winning the tender. In this section, it is important to indicate that measurement of Bill of Quantities as indicator of preliminary for project costs has been granted approval by the Australian Standard Method of Measurement of Building Works (ASMMBW). In addition, the quantity surveyors and master builders also assert satisfaction of Bill of Quantities via a stipulation of Australian Institute of Quantity Surveyors and Master Builder (AIQSMB). Through the Bill of Quantities, the building contract is formed and all the pricing will be highly based by the term stipulated in this contract.There are various preliminaries for project costs and their underlying importance of identificationaccuracy in the pricing costs and measurements. They include the drawings, ground works, concrete, masonry, woodwork, metal work, roof and roof plumbing (MacAlevey 2014). To determine the pricing and measurement in the preliminaries for the project costs, we first consider drawing and the importance of identifying accurate drawings for building works.The Bill of Quantity contain drawing schedule that provide the contractor with list of names of important parties to be involved in drawings. These parties include the principle, the architect, quantity surveyor, a structural, service and civil engineers. The principle in this task will be involved in the overseeing the entire process of the drawings. He will offer recommendations of the entire view of the drawing. Then the architect will be the chief designer of the drawing. He will design the best building works that will promote the likelihood of winning the tender. The quantity surveyor will determine the site where the building work will be done. He also test the soil structure on which these structures will be laid down for safety purposes. Finally, the structural, service and the civil engineers will be involved in the actual construction of the designdrawing drafted by the architect. They will recommend other adjustments on the architect drawings so as to achieve the best result regarding this particular building works.As a team of contractors, we have visited the construction site at 52 Box Road, East Hill (Levy 2011). According to the observations made during the inspection of all existing conditions, the
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ESTIMATING MAJOR6adjacent and abutting buildings were highly noted. Therefore, the indented building will be constructed 11 m due east of the existing units based on the approved site plan. Since the work tobe tendered for comprise the construction of two story building which tend to be above GL on 5.20m and a concrete tiled roof that consist of two apartments, then accurate estimates need to bedone at pricing and measurement costs of the preliminaries for the project costs (Knutson 2008). This is purely important due to several aspects.There are number of pricing cost that can be identified for this project that will increase the chances or probability of winning the tender by the management team.They include; the office paperwork, costs attracted in writing cheques which is currently an electronic fund transfer, computer costs, administration costs, photocopying, financial cost, permits, contract as well as plan printing costs (Sears 2008). All these preliminaries pricing costsare involved and need to be identified accurately for underlying importance.The importance of estimating and identify accurate pricing costs in the projectpreliminaries costs.The following underlying concrete and significant aspects make it important to accurately identify the pricing cost in the entire project preliminaries costs.i.Proper completion time of the project.Having proper identification of accurate pricing costs of a particular project is of great significance. This reduces the delays that would arise in project execution process. It is very dangerous for a contractor to give inaccurate estimates of the pricing cost of project preliminaries. This omission may compromise the whole project completion time and may as well disrupt the owner’s financial strategies initially enacted to complete the given project (Addision 2016). Therefore, it is important for a contractor to provide true, reliable and accurate estimates that go hand in hand with the identified pricing costs of the project (Allan 2013). The fact that the tendering process is very competitive, it is important to quote the accurate pricing costs for proper completion time of the project rather than giving misleading figures just for the sake of winning the tender. This team have fully undertaken all measures and estimated the reliable pricing costs for this
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