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Excel Spreadsheet For Construction Estimating

Excel Spreadsheet For Construction Estimating

Excel Spreadsheet For Construction Estimating

Construction estimates

General concept
The valuation of the works executed in a certain period is established by applying the agreed unit prices of the work concepts executed during that period or the percentage of the price agreed price corresponding to the progress of each unit of work generated at the time of valuation. This assessment pursues two purposes, on the one hand to identify precisely the progress of the work and on the other to establish its economic value for payment purposes.

In order to synthesize this fact, a format called work estimate is practically used, which is the document that allows us to carry out the financial control of a work and which summarizes the concepts, quantities of work executed and their amounts for a period of Time, likewise, is the document that allows the contractor to submit his request for payment to the Employer in order to have the necessary revolt and not affect the general program of execution of the work.

Excel Spreadsheet For Construction Estimating