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Construction Cost Estimating Services | F&K Estimatings
CONSTRUCTION COST ESTIMATING & PRECONSTRUCTION

Construction Cost Estimating & Preconstruction Services

Construction cost estimates for contractors, owners and developers anywhere in the U.S.: conceptual, schematic, design development and bid estimates, independent cost reviews and change order reviews.

Construction Cost Estimating Deliverable and CSI MasterFormat Takeoff Sheet
Forensic Cost Engineering

Documented Cost Estimating Services

A small error in quantities or labor burden can turn a profitable job into a loss, and an unrealistic budget can stall a project for an owner. F&K Estimatings prepares construction cost estimates for contractors, owners and developers, at whatever design stage the project is in.

Our estimators measure in PlanSwift and Bluebeam Revu and price with localized RSMeans-based cost data or your own rates, so every number traces back to a marked-up drawing.

From conceptual budgets during schematic design to bid-day subcontractor leveling, each estimate states its level of detail, allowances and assumptions. See estimate pricing.

Scope, price, and delivery are confirmed after reviewing the project documents and requested deliverables.

Contractors & Builders We Serve

Our preconstruction deliverables are tailored to the exact financial requirements of industry stakeholders:

General Contractors

Requiring competitive hard-bid estimates, GMP preconstruction budgets, and trade bid leveling.

Trade Subcontractors

Seeking accurate single-trade material piece-counts and localized installation labor hours.

Real Estate Developers

Developing pro-forma feasibility cost models and bank construction loan draw budgets.

Architects & Engineers

Validating design phase budgets against client target construction values.

Construction Managers

Managing trade buyouts, cost control work breakdown structures, and budget variance tracking.

Comprehensive Scope Coverage

We provide full digital quantification across all related CSI MasterFormat divisions:

CSI MasterFormat Line-Item Estimates

Detailed quantification across CSI MasterFormat divisions with material, labor, and equipment cost breakdowns.

Conceptual & Schematic Budgeting

Early-stage cost models based on square footage, historical assemblies, and owner target capital constraints.

Subcontractor Bid Leveling & Scoping

Comparing sub-tier bids on bid day to uncover uncoordinated omissions, exclusions, and pricing anomalies.

Value Engineering Cost Modeling

Pricing alternative materials and construction methods so you can compare options against the budget.

Change Order & Claim Analysis

Auditing contractor change order requests (CORs), time-and-material logs, and schedule delay impacts.

Pay Application & Pro-Forma Reviews

Comparing AIA G702/G703 pay applications and pro-forma budgets with the estimate, from the documents provided.

Deliverables Included in Every Takeoff Package

Color-Coded PDF Markups

High-resolution drawing sheets with every line item, area polygon, and linear foot color-coded in Bluebeam.

Itemized CSI Excel Schedules

Spreadsheets broken down by CSI MasterFormat with dynamic formulas, labor rates, and waste allowances.

RSMeans Localized Labor Burdens

Cost adjustments mapped to your exact project ZIP code for localized wage rates and material price shifts.

Pre-Bid RFI & Scope Gap Audit

Constructability review identifying missing architectural-structural coordination points and plan conflicts.

Which cost estimate do I need at each design stage?

Owners, developers and designers need different levels of detail as a project moves from idea to bid. Contractors bidding a finished set usually want a construction estimate; quantities only is a quantity takeoff.

Conceptual / order-of-magnitude budget

  • Early feasibility and pro-forma budgets
  • Cost per square foot by building type
  • Allowances listed for undefined scope
  • Useful before drawings exist

Schematic design (SD) estimate

  • Assembly-level pricing from schematic drawings
  • Major systems: structure, envelope, MEP
  • Design options compared side by side
  • Contingency shown separately

Design development (DD) estimate

  • Measured quantities for defined systems
  • Remaining allowances narrowed
  • Budget checked against the owner target
  • Input for value engineering

Construction documents (CD) / bid estimate

  • Full takeoff by CSI MasterFormat division
  • Labor, material and equipment pricing
  • General conditions, overhead and profit
  • Subcontractor bid leveling on request

Independent cost review

  • Review of a contractor's estimate or GMP
  • Quantities spot-checked against drawings
  • Unit prices compared with cost data
  • Written list of questions and gaps

Change order review

  • Change order requests checked against documents
  • Quantities and unit prices reviewed
  • Time-and-material logs compared with scope
  • Summary for negotiation

What will I receive, and which files can I send?

  • Excel estimate by CSI MasterFormat division with editable unit costs
  • Color-coded PDF markups for measured quantities
  • Summary sheet: direct costs, general conditions, overhead and profit
  • Allowances and contingency listed separately
  • Assumptions, exclusions and pricing date

You send: PDF drawing sets (vector preferred), scanned PDFs, CAD or Revit files on request, specifications and addenda, or a Dropbox / Google Drive / OneDrive link. Tell us the trades, the project ZIP code and your bid date.

You get back: an Excel (.xlsx) workbook and marked-up PDF drawings. Ask if you need another format.

Quote: a written quote with the fee and delivery date, usually the same business day. Standard turnaround is 24–48 hours for a single trade; 2–5 business days for multi-trade or large projects.

Verified Work Products

Download Sample Cost Estimates

See how we structure direct labor, material, equipment, General Conditions, overhead, profit and contingency.

Pricing Basis: September 2026
Concrete CSI Division 03

Concrete Takeoff Sample

Footings, stem walls, 5" slab-on-grade, rebar by bar size with laps, formwork SFCA, CY with waste

Model: Representative sample project: 100' x 60' single-story commercial building (6,000 SF slab-on-grade)
27
Takeoff Lines
21
Priced Items
42
Formulas
Cover & Basis Quantity Takeoff Pricing Summary
Electrical CSI Division 26

Electrical Takeoff Sample

Panel & circuit schedule, conduit LF by size, wire LF by gauge, devices, fixtures, labor units

Model: Representative sample project: 6,000 SF office tenant fit-out in a 100' x 60' single-story building
34
Takeoff Lines
31
Priced Items
34
Formulas
Cover & Basis Circuit Schedule Quantity Takeoff Pricing Summary
Drywall & Acoustic CSI Division 09

Drywall & Framing Takeoff Sample

Metal stud partitions by type and height, board sheets, tape & mud, corner bead, ACT ceilings

Model: Representative sample project: 6,000 SF office tenant fit-out in a 100' x 60' single-story building
26
Takeoff Lines
23
Priced Items
31
Formulas
Cover & Basis Partition Assembly Schedule Quantity Takeoff Pricing Summary
Residential General Estimating MasterFormat CSI 01-33

Residential Construction Estimate Sample

Whole-house estimate by CSI division with general conditions, overhead, profit and contingency

Model: Representative sample project: 2,400 SF 2-story custom home (30' x 40' footprint)
50
Takeoff Lines
50
Priced Items
26
Formulas
Cover & Basis CSI Division Summary Table Quantity Takeoff Pricing Summary
Sample deliverable — prepared on a representative project to show format and level of detail. Not a client project. Quantities are computed from the sample project dimensions stated below; unit costs are illustrative (pricing basis: September 2026, national average, not a quote).

Sample CSI MasterFormat Cost Quantification Schedule

General conditions, structural concrete, framing steel, interior drywall, and electrical distribution:

Commercial Construction Cost Estimating Schedule
Material / Scope Item Base Qty Unit Waste / Lap Factor Estimator Note
Division 01 00 00 - General Requirements & Field Operations 1 LS N/A Includes site superintendent, temporary power, dumpster pulls, and safety
Division 03 30 00 - Cast-in-Place Concrete Footings & Slab-on-Grade 1,250 CY 7% Pump Loss Includes 4000 PSI ready-mix, formwork SFCA, and rebar tonnage
Division 05 12 00 - Structural Steel Framing Beams & Columns (A992) 54.2 TONS N/A Includes shop primer, connection hardware, and erection crane hours
Division 09 22 16 - Cold-Formed Metal Framing & 5/8in Type X Drywall 48,000 SF 10% Cut Off Includes deflection tracks, acoustic sealants, and Level 4 finish
Division 26 00 00 - Commercial Electrical Service & Branch Distribution 1 LS N/A Quantified with localized NECA labor hours and switchgear schedules

Software Digitizers & Standards Applied

Software / Tool Engineering Purpose Compliance Standard
PlanSwift Pro Digitized linear, count, and area takeoff quantification Industry Benchmark
Bluebeam Revu Vector drawing markup, multi-discipline overlay & RFI logging CSI MasterFormat
RSMeans Online Localized quarterly labor and material pricing indexing ZIP Code Calibrated
AutoCAD & Revit BIM 3D model quantification and CAD layer geometry verification AACE International
FastPIPE & FastDUCT Specialized MEP piping, ductwork and equipment mapping SMACNA / ASHRAE

Estimated Pricing & Delivery Timelines

Scope / Project Type Average Turnaround Estimated Rate
Residential construction estimate 2–3 business days $250 – $450
Commercial preconstruction package 2–4 business days $450 – $1,200
Industrial & heavy civil takeoff 3–5 business days $1,000 – $3,500+
Dedicated estimator retainer Priority queue $1,800 – $3,000 / month

* Exact rates and delivery dates depend on the drawings, scope, and deadline. Request a written quote.

Frequently Asked Questions

What is included in a construction cost estimate?

A cost estimate includes measured quantities, labor, material and equipment costs, general conditions (Division 01), and overhead and profit shown separately, organized by CSI MasterFormat, with color-coded PDF markups and a list of assumptions and exclusions.

Which estimate types do you prepare?

Conceptual (order-of-magnitude) budgets, schematic design (SD) estimates, design development (DD) estimates, construction document (CD) or bid estimates, independent reviews of a contractor's estimate, and change order reviews. The type is agreed in the quote so you know how detailed it will be.

Can cost estimates be prepared from conceptual or schematic drawings?

Yes. Early estimates use square-foot and assembly-level pricing with clearly stated allowances. They are less detailed than a CD estimate, and the allowances are listed so they can be replaced as the design develops.

What is the difference between direct and indirect construction costs?

Direct costs are tied to the physical work: concrete, lumber, wire and the crews that install them. Indirect costs (Division 01 general conditions) cover supervision, temporary utilities, dumpsters, insurance, bonds, permits and site safety.

Do you review contractor estimates or change orders for owners?

Yes. We can compare a contractor's estimate or change order request with the drawings, check quantities and unit prices, and list the questions to ask. We work from the documents provided; we do not visit the site.

How much does a cost estimate cost?

A residential construction estimate is typically $250 – $450 and a commercial preconstruction package is $450 – $1,200. Industrial and heavy civil work is $1,000 – $3,500+. Conceptual budgets and reviews are quoted per project; you receive a written quote with the fee and delivery date, usually the same business day.

Do your cost estimates include overhead and profit?

Hard costs are shown separately from overhead and profit. We apply the markup, bond and contingency percentages you give us, or leave them as editable lines for you to set.

What is your typical turnaround time for a cost estimate?

Standard turnaround is 24–48 hours for a single trade; 2–5 business days for multi-trade or large projects. A residential estimate is typically 2–3 business days and a commercial package 2–4 business days; the delivery date is confirmed in the quote.

Project quote

Get an Instant Quote

Send your plans for an itemized flat-rate proposal.

Direct Estimator Support

Call Anytime
+1 (317) 751-5969
Turnaround Time
24-48 Hours Typical

Large Blueprint Sets?

Contact us to agree on a suitable transfer method for large or confidential plan files.

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