![]() ![]() ![]() Fees for building permits, plan checks and special reviews.Accounts for cost escalation at certain points over the duration of the project.Applies to contracted work for the general (or prime) contractor's home office overhead, insurance, bonds and profit.Construction cost contingencies such as project unknowns and complexities, and the degree of difficulty for site access, storage and staging.Costs for work execution such as temporary services and utilities, safety and security measures, field supervision, quality control and administrative submittals.Base construction cost for labor, equipment and materials required to perform eligible work.The structure of the tool mirrors the applicant-general contractor-subcontractor relationship for eligible work. The Cost Estimating Format has eight parts that reflect the proposed costs of each large project. Budget reflects an upfront calculation.
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