Material Costs: A list of all the materials needed for the project, such as lumber, hardware, fixtures, and finishes, and how much they will cost.Įquipment Costs: An estimate of how much it will cost to rent or buy any needed tools, scaffolding, or heavy machinery.Ĭosts of Subcontractors: Provide an estimate of the costs of hiring subcontractors to do specialized work, like HVAC or plumbing. Labour Costs: An estimate of how many hours each type of labour, like carpentry, electrical work, plumbing, or stonework, will take and how much it will cost per hour. Itemized Cost Breakdown: A detailed list of all the materials, labour, and equipment needed for the project, broken down by category and cost. Project Summary: A short overview of the project’s goals, budget, and schedule. Usually, a Building Estimate Format has the following parts:
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