Sunday, May 9, 2010

Floor area method estimating


This estimate is an approximate cost obtained by using an estimated price for each unit of groos floor area. This method of estimating facilities costs is frequently used in building and residential home construction.
The main reason for the popularity of the floor area method is its simplicity.There are few rules to remember and the cost per square metre is well understood by property developers.A proposed building is measured at each floor level (between inside faces of external walls);no deductions are made for internal walls,stairs or lift zones.Previous similar building costs are used by dividing the construction cost by the internal floor area.Adjustments can be made for location and inflation; but specification adjustments are much more difficult to estimate.Subjective judgements are made for size,shape,number of storeys,services,ground conditions and standard of finishes.A separate assessment should be made for external works,demolitions, incoming services and drainage which can be significantly different for similar buildings.

There are many buildings where the unit of accommodation method is impracticable;such as warehouse projects or open-plan offices.In these cases the superficial floor area method is found to be reliable with an accuracy of 10% to 15%.This method also works well with certain external works contracts such as concrete paving or macadam surfacing.

Sometimes contractors are asked to quote for building work using sketch drawing sand a square metre price.It is unlikely that a contractor would risk signing a contract on this basis.First a clear scope of works would be needed together with a site survey and soil investigation report.The price must accurately reflect the amount and specification of works.

4 comments:

  1. Hello,
    This is the nice post and this post is really appreciable and useful . I like this post and appreciate you for your experience sharing.
    If you are looking for the floor sanding sutton you can know more about floor sanding essex so find more information about floor sanding company in london..

    ReplyDelete
  2. Realy that’s very nice.Thanks for the information on this blog! I find it very nice and help full! hopefully soon have updates. if you are lookig for Floor sanding company , you can find more info from here........

    ReplyDelete
  3. Complete rip off, this post is a direct copy from Estimating and Tendering for Construction Work 3rd Edition by Martin Brook. Dumbass.

    ReplyDelete
    Replies
    1. WIth spelling mistakes!

      Delete

 

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