Break down the components of an estimate

Break down the structure of a construction estimate into its essential parts, including quantities, unit costs, overhead, contingency, and escalation. Learn how these components come together to form a complete cost picture.

After completing this video, you’ll be able to:

• Identify the major components of a construction estimate.
• Understand how quantity, unit cost, and markup contribute to total cost.
• Describe how risks and allowances are accounted for in an estimate.