Blog | Charter Estimating Company

The Bid Follow Up:
The General contractor’sproject manager will begin working through all of the subscontracts. It’s possible they may have room tonegotiate. Your chances to negotiate are higher if you and the GChave a good relationship.
The Importance of Developing aRelationship With General Contractors
When it comes to developing thisrelationship, you have a few options. You can call...

Project estimators are often working with prices that might be valid in the near future only––say from six to nine months out. Labor and materials predictions can be sufficient for these shorter term projects. But what about long-term estimating needs? How can predictions be accurate enough to ensure that the contractor will benefit from taking on a future project?

As a society, we’ve all been relying on the digital infrastructure we know as the internet for decades now. But things are moving quickly, and now more than ever an online presence is key to doing business in today’s increasingly connected world. And as an electrical contractor looking to efficiently manage and budget your time and resources, finding a reliable electrical estimator means that a little less responsibility is on your shoulders.

How to Avoid Estimating Errors

Being an estimator of any kind in construction is a challenging
job. Being at the top of the game requires sharp skills, especially
if you want to stand out. Here are a few essential skills for
electrical estimators.

In every area of business, trends play a vital role in the analysis
of what makes a business successful (or not) and predicting the
possible future. As estimators, we play an important part in our
company’s current state of business and its future. By analyzing
trends in your estimating, you can discover what works and what
doesn’t, thereby refining your estimating skills and increasing
your company’s future success ratio.

As an electrical contractor, you have no doubt noticed the sharp increase of prices for wire, cable, and connectivity products in 2021. These rising costs have likely affected your budget projections for this year and are negatively impacting your profits. Why have electrical supplies become so expensive? In this article, Charter Estimating’s experts will discuss the top three reasons

Construction estimating is the process of anticipating the expense
of building a physical structure. This step is essential, and one
of the most crucial in the construction process. Estimators need to
be as accurate as possible because profit margins (the livelihood
of contractors) are impacted if any estimated direct and indirect
costs for the project are off by even the slight amount. Every
successful project starts with a precise and accurate cost
estimate. By the end of this article, you will know the basics of
estimating and learn the importance of its role in delivering
successful commercial construction projects.

Steps to Estimating

Lost time has increased over the years, you need to include that time in your estimates

Budget Planning with your Materials

7 Tips to Controlling Costs for Electrical Contractors

Can Flat Rate Pricing Increase Your Profits

What Is Value Engineering & How Does It Apply to Cost Estimating?

Can Construction Apps Help Your Business

6 Ways to Improve Profits in Your Construction Company

Software Programs of Today

The Guide for Contractors to writing effective proposals

Estimating is moving completely to digital CAD

Working Smart Estimating with Spreadsheets

More to Feeders than you may think..

Prefab and the solution

Get to know your General Contractor

Renovation Work

Job Costing for Electrical Contractors