Jan 7

Construction Cost Estimating and Budgeting

At Gidel & Kocal Construction Company, Inc., we understand the significance of properly handling every aspect of the construction process, including cost estimation and budgeting. Each step is critical to the overall success of a project. To help you meet your project goals, we provide various construction services, including construction cost estimating and budgeting.

What is Construction Cost Estimating and Budgeting?

There are many essential functions that define a project’s success. Two of these are construction cost estimating and budgeting. A cohesive construction project starts with creating an accurate construction budget. This is integral for managing expectations, whether in the form of materials, labor, or deadlines.  

Construction Cost Estimating and Budgeting

Understanding the Importance of Construction Cost Estimating and Budgeting

Cost estimating and budgeting are also tools that help clients determine their priorities when laying out wants vs. needs on a project. How much money is available overall will impact how they proceed with each aspect of the build and may influence the order and timeline of the overall project.  The major benefits of engaging in early budgeting and cost estimating are to ensure cohesion once the project actually gets underway. Pre-construction services like these help:

  • Prevent changes once labor begins
  • Reduce delays and extensions on project deadlines
  • Minimize wasted expenditures on repairs and modifications post-construction
  • Ensure cohesion with an agreed-upon plan of action for all workers and clients

Knowing what the projected expenses will be prior to starting work on the project is key to managing expectations for both clients and contractors alike. Cost estimation and early budgeting lays everything out in as clear of terms as possible. Everything from expenses incurred for services, labor, equipment, material, safety measures and precautions, and more will get factored in here.

One of the key tenets of the work we perform at Gidel & Kocal is transparency and accountability. Maintaining open lines of communication in the early stages of working with a client, such as during the cost estimation process, fosters greater transparency and stronger relationships overall.

How Our Construction Cost Estimating and Budgeting Services Work

As part of our commitment to serving you better, Gidel & Kocal Construction Company, Inc.  offers the following cost-estimating and budgeting services:

  • Construction project budget development
  • Quick turnaround ROM Budgets
  • Value Engineering
  • Budget reviews

Why Choose Gidel & Kocal’s Construction Cost Estimating and Budgeting Services?

Gidel & Kocal Construction Company, Inc. has more than four decades of experience working in commercial construction in and around the Bay Area. Throughout those years, we have worked hard to build strong relationships within the construction industry.  We strive for the ultimate in customer satisfaction at all times. The various facets we cover when it comes to pre-construction and general construction services enable us to do that. Our commitment is to provide personalized services by working with you to plan and design according to your specifications. Leave it to Gidel & Kocal to see to it that all your needs will be met with outstanding results.

For more information about Construction Cost Estimating and Budgeting, feel free to contact us today.

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