What Is A Unit Cost?
- A unit cost defines the value ($$$) of a material per unit of measure (LF, SY, SF, Ton, CY, etc.)
Why Do Unit Costs Matter?
- Quantity x $/Unit = Construction Cost. Anyone can do take-offs, but you can't have a construction cost without a dollar per unit. An accurate estimate requires both quantity and Unit Cost
- Brinkmann's lifeline is our ability to accurately estimate project costs with limited information. All projects shall complete a Unit Cost Summary sheet, upload into it's respective project folder in Procore, and shared with the Preconstruction Department.
Things to Remember When Completing a Unit Cost Sheet
- Not all projects are the same - know the project type and how quantities supplied affect the unit cost rate (i.e. warehouse has a much different rate than multi-family).
- Region of construction will affect the unit costs (Denver rates differ from St. Louis)
- There are two different cost templates geared to their project types
- Senior/Multi-Family/Hospitality (more unit based projects)
- Breakdown each cost of the subs proposal into useful units of measure that match the way we estimate a project.
- Example: Don't do a SF take-off of foundations, we need CY of concrete
- Getting the information during/before buyout is MUCH easier
- This task is completed by the Engineer, with final review by manager and then director