Contract Preparation Cost

Construction ITEM DESCRIPTION

This assembly covers time spent preparing contracts and other project paperwork.

Labor Costs

The unit cost is just one hour of supervisor time. Enter an estimate number of hours for contract setup (it might be anywhere from 1 to 100 hours depending on the size and complexity of the project).

Material Costs

None.

Suggested Quantity

None. We never really came up with a decent "rule of thumb" for this. It varies so much depending on project details.

Source of Construction Pricing

There is not much construction logic built into this one!

Places Included

Architect Starter File, Construction Starter File, Developer Starter File, Metric Starter File

Comments

This assembly is an excellent place to shift some overhead costs to direct project hard costs instead.

It's easy keep track of the time spent on project management and contract writing, so you might as well include it as a line item when estimating-- and then job cost the time directly to the project.

For more about Goldenseal construction estimating software, click here .

For other general conditions estimating costs, click here.