Advanced Estimating

September 14-15, 2022 (8:00 am - 4:00 pm). 

Advanced Estimating 

 

Developed to discuss all phases of the estimating process, this course covers all phases of preparing a competitive bid. Key topics include identifying desirable bid opportunities, analyzing the company's capabilities to ensure profitable results, the estimator’s role at various stages of the project, writing an effective scope letter, and identifying often hidden costs in the bid documents.

Following this course, participants will be able to:

  • Discuss the steps necessary to prepare a competitive bid

  • Identify the most desirable bid opportunities

  • Describe how a company’s capabilities can be analyzed to ensure profits

  • Discuss cash flow and bonding

  • Discuss relevant contract terms

  • Identify price adjustment techniques, overhead, and profit

  • List the documents required to estimate a construction project

Target audience: Individuals with a firm grasp of basic estimating principles and experience preparing bids

Prerequisite: Basic Estimating of Electrical Construction

 

Instructor: Michael Bill

Location: Indianapolis Electrical JATC (1751 S Lawndale Ave, Indianapolis, IN 46241)

 

Course Dates: September 14-15, 2022

Duration: Two days (8:00 am - 4:00 pm)

Member Registration Fee: ($314) the Chapter has subsidized the cost by 50%

Registration Deadline: Friday, September 9, 2022

Payment: Fees must be paid by check. Make checks payable to "Central Indiana Chapter NECA" and PLEASE write "Advanced Estimating" on the memo line. Please send the check upon registration. Mailing Address: Central Indiana Chapter, NECA, 200 S. Rangeline Road, Suite 211, Carmel, IN 46032.