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Sage 100 Contractor 2013 (formerly Sage Master Builder) Estimating Standard and Extended Installation and Integration Guides is a publication of Sage Software, Inc. Copyright 2014 Sage Software, Inc.

How to fill out estimating standard and extended

How to fill out estimating standard and extended:

1. Start by gathering all the necessary information for the estimates, such as project specifications, materials needed, labor costs, and any additional expenses.
2. Begin filling out the estimating standard form by entering the project name, location, and date. Provide a brief description of the project and specify the type of estimate (standard or extended).
3. Break down the estimate into different sections based on the project components. For example, create separate sections for labor, materials, equipment, and subcontractors.
4. In each section, itemize the individual tasks or items required for the project. Provide a clear description, quantity, unit cost, and total cost for each item. You may need to consult with experts or use industry-specific software to accurately determine these values.
5. Include any additional costs that may arise during the project, such as permits, insurance, overhead expenses, or contingencies. Make sure to account for any potential risks or uncertainties.
6. Summarize the subtotals for each section and calculate the overall total cost of the estimate. Double-check all the calculations to ensure accuracy and make any necessary adjustments.
7. Move on to filling out the estimating extended form, which is usually used for larger or more complex projects. This form requires additional details like scheduling, resource allocation, and a detailed breakdown of costs for each task within the project.

Who needs estimating standard and extended?

1. Construction companies: Estimating standard and extended forms are crucial for construction companies as they allow them to accurately estimate the costs involved in their projects. These forms help in budgeting, bidding for contracts, and ensuring profitability.
2. Project managers: Project managers need estimating standard and extended forms to plan and allocate resources effectively. These forms help them understand the cost breakdown, schedule tasks, and make informed decisions about budgeting and staffing.
3. Clients: Clients who require a detailed understanding of the project costs can benefit from estimating standard and extended forms. These forms provide transparency and allow clients to make informed decisions about their investments or funding.
4. Contractors and subcontractors: Estimating forms, particularly the extended version, are useful for contractors and subcontractors who need to provide detailed estimates for their specific scope of work. These forms enable them to accurately bid on projects and negotiate contracts.
5. Architects and engineers: Architects and engineers may also utilize estimating standard and extended forms during the planning and design phases. These forms help them evaluate the feasibility of a project, understand potential costs, and make necessary adjustments to stay within budget.

Note: Estimating standard and extended forms may vary based on industry practices, project complexity, and specific requirements. It is important to adapt the forms and process to align with the unique needs of each project and organization.

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What is estimating standard and extended?

Estimating standard and extended refer to the process of predicting or approximating the cost, time, or resources required for a particular project or task.

Who is required to file estimating standard and extended?

All individuals or entities involved in a project or task that requires estimation of cost, time, or resources are required to file estimating standard and extended.

How to fill out estimating standard and extended?

Estimating standard and extended can be filled out by providing detailed information about the project, including cost estimates, time estimates, and resource requirements.

What is the purpose of estimating standard and extended?

The purpose of estimating standard and extended is to help project managers and stakeholders plan and budget effectively for a project, leading to successful completion within set parameters.

What information must be reported on estimating standard and extended?

Information such as project scope, cost estimates, time estimates, resource requirements, risk assessment, and assumptions must be reported on estimating standard and extended.