How To Verify A Construction Budget Estimate

On today’s show we are talking about how to scrutinize a quote for construction.

Earlier this week we received a budgetary estimate for a new construction project. Needless to say, the price was high relative to what we were expecting. So now that you have an estimate, how do you dig in and scrutinize where it is off base?

This falls into a category called “know your numbers”. That means knowing your numbers at a detailed level for specific line items.

I’m going to take you through a few specific line items, not to get lost in the details of this particular project, but rather to understand the thought process inherent in this kind of work.

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Host: Victor Menasce

email: [email protected]