Estimate structure

To estimate the cost of a construction job, CostMiner uses multi-level estimates.

  • An estimate contains heading and items. Headings can have an unlimited number of levels.

  • Documents generated for customers, such as quotes and invoices, include the headings and items from the estimate (see the picture below).

  • Optional calculation sheets help to derive quantities based on the physical measurements of the site. These measurements can be taken off floor plans with the built-in takeoff tool.

Estimate structure

Estimate Templates

With CostMiner, it is possible to create a set of templates for projects of different types, and then quickly pick items and headings from the template and insert them into an estimate.

Composite rate

We can select items from the template and they will be transferred to the estimate, including their type, unit of measure and rate. Headings will also be created as required.

Composite rate

An Estimate Template acts as both a skeleton of an estimate and a price list.

The link between a job item and a template item it was based on is maintained by the system. Later, as the rates and other attributes of the templates change, we can re-apply them to an estimate that references them to update the rate, unit and type.

Composite rates

In the below example, the painting rate incorporates the prices for the labour and materials required to complete the job.

Composite rate

Now a single estimate item can be created based on the composite rate instead of multiple positions for each individual material or activity. In addition, the simple rates, such as 'Labour', 'Primer' and 'Paint oil-based' from the above example, may still be applied to estimate items.

Use rates

Shopping list

A good example of the composite rate power is the Shopping List. Shopping List shows all individual articles required to complete a job. To generate that report, CostMiner expands composite rates, if required.

Shopping List

Automatic recalculation

Changing the 'Labour' rate in the above example will automatically recalculate all composite rates that are based on it.

After making changes, you can re-apply the updated templates to selected items in an estimate.

Reset rates