Name of Project
Type of Estimate
Estimate Clarifications
1.0 Purpose – The purpose of this document is to serve as a communication tool for the project team by defining the quality and scope of this project. Leopardo Companies Inc. (LCI) has evaluated the documents and prepared an estimate based specifically on these documents. The estimate represents construction trade labor, material, equipment and methods anticipated to be utilized on this project. This estimate is not formatted by bid category nor is it our intent to predict low bids by category. This estimate should not be interpreted as a bid. LCI assumes that the Owner will include the required contingencies to provide for (the evolution of the design documents OR the completion of construction documents). This is a working document that should be reviewed by the project team with necessary revisions duly raised and documented as part of the design process. 2.0 Building and Site Gross Area – The building gross area is based on the following square footages: 1. Basement ................................................................................................................................. SF 2. Ground Floor............................................................................................................................ SF 3. Second Floor ........................................................................................................................... SF Total Building Area = ......................................................................................................... SF Site: 1. Sitework .............................................................................................................................. Acres 2. Surface parking ....................................................................................................................Stalls 3. Surface Handicap Parking ....................................................................................................Stalls 4. Underground Parking...........................................................................................................Stalls 5. Structured Parking ......................................................................................................... Stalls/SF
3.0 Design Documents – The estimate is based on the schematic documents prepared by _____. Refer to the included document list for specific identification of documents.
4.0 Bonds – 100% performance and payment bonds (are or are not) included.
5.0 Contingency – The estimate excludes all cost associated with Owner, Program and Design Contingencies. The estimate includes a Construction Contingency to be used at the discretion of LCI for construction related unforeseen conditions and is not intended to serve as an Owner and/or Design Contingency. The Construction Contingency does not provide for Architect/Engineer (A/E) errors and omissions and/or Owner requested changes during construction. 6.0 Sole Source Exclusions – This estimate assumes that the final bid documents will name three or more manufacturers with applicable model numbers whose product are acceptable under the base bid for each section or work category.
7.0 Sales Tax – This estimate (Includes excludes) all cost associated with State of____ sales tax. (If taxes are excluded, then add the following sentence; Owner is to provide all contractors with their tax exempt ID
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