WHY BUILDING ESTIMATING SERVICES ARE REPLACING FULL-TIME COST ESTIMATORS

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Hiring a full-time internal estimator is now an expensive and often ineffective practice for the growing majority of building companies, especially in the now volatile post-covid market and the ensuing war in Ukraine which has resulted in increased raw materials, labour and transportation costs. Simply put, contractors’ books have been severely squeezed and are facing ongoing resource constraints and concerns about securing future projects.

This means it may not be feasible to have a full-time estimator on staff when construction firms and building contractors are struggling to secure new projects and on top of that, make a profit.

So, what is the solution?

Commercial building companies and building contractors must now consider the advantages of construction estimating services. For a fraction of the price of a full-time estimator, ad-hoc build estimating services can help reduce staff overheads, boost profit margins and increase profitability.

 

How Can A Professional Build Estimating Service Help?

 

Reduce Overheads, Increase efficiencies

Building contractors have to bear indirect costs that must be recovered if they are to survive – costs such as rent or storage premises, insurance costs, utility bills and maintenance on building equipment can greatly affect profit margins.

There are also direct costs, such as materials, equipment hire and of course, labour. A cost estimating service can help reduce the direct (salary/wage) and indirect (tax, benefits etc) labour costs associated with employing a full-time or part-time cost estimator. This is especially true with smaller building contractors who are often waiting for clients to submit new projects to be estimated, thus making it unsustainable to have an idle internal estimator.

Up-to-date Expertise and Professional Support

Building estimating services have wide and varied knowledge about changes in the building industry. Everything from material costs, labour costs, and indirect costs associated with the building industry is constantly changing—especially in the last few years.

With a well-rounded view of the building industry and construction costs from start to finish, professional build estimating services can provide quick solutions to help contractors stay within budget by mitigating issues caused by price volatility and materials availability.

Focus On Growing your Business

A building contractor is often required to dedicate hours of their workday to creating professional-looking, precise building cost estimates, this takes even longer particularly if they lack the necessary knowledge and experience. Contractors who are capable of returning more tenders and building estimates, increase their likelihood of securing more work.

By outsourcing your estimates to a construction estimating service, you can free up time for your staff to manage projects more efficiently, leaving you to focus on doing what you do best – winning more business and growing your company.

 

Professional Construction Estimating Services With Build Estimating

We provide affordable and fast construction estimating services to Builders, Self-builders and Architects who are pushed for time or lack the expertise when it comes to pricing up the costs of construction. We estimate for all types of commercial and residential projects and have years of experience in providing clear and accurate estimates across the UK.

Build Estimating can support your dream build and save you money. Contact us to discuss how we can help you realise your goals.

London No: 0203 6755145

Glasgow No: 0141 354 1388

Email: [email protected]