1. Cost Estimating Walter Kafuka
Types Of Estimates
Construction/Bid Estimates
Engineering/Budget Estimates
ROM (Rough Order of Magnitude) Estimates

2. Estimating Construction Work
Pay close attention!

3. What’s in a Cost Estimate?
Direct Costs
Labor
Material
Equipment
Subcontracts
Other Costs
Fees (Permit, Disposal etc.)

4. What’s in a Cost Estimate?
Indirect Costs
General Conditions
- Project Management/Supervision
- Trailers/Storage Containers
- Temporary Utilities
- Badges/Access Passes (NASA/AirForce/USACE/NAVFAC)
Permits
Design/Submittals

5. Mark-ups
Labor Burden
Sales Tax
Overhead
Profit
Contingency

6. The Process of Building an Estimate
Quantity Takeoffs
Digital Roller Scale
Architectural Ruler
On-Screen Take-off
Conversion to the Correct Scale
For example – covert LF of walls to SF

7. The Process of Building an Estimate
RS Means will provide you with your labor, material and equipment costs
Begin populating your estimate by looking up scopes of work in RS Means
Via use of RS Means books
Via use of Estimating Software
Sage Estimating (formerly Timberline)
Trimble WinEst (WinEstimator)

8. The Process of Building an Estimate
Adjustments to RS Means Values
Labor Adjustments
Davis Bacon Wage Determinations
Union Labor
Previous Experience
Material Adjustments
Vendor Quotes
Equipment Cost Adjustments
Equipment Rental Quotes
Subcontracts

9. Adding Some Mark-ups Determine the Sales Tax for your Area
Applies to your Material & Equipment Costs
Determine your Labor Burden
Costs that cover state and federal taxes, Payroll Taxes, Workers Compensation Insurance, SUTA, Benefits

10. General Conditions Any Permits required?
Environmental Permits
Building Permits
Determine a duration for your project
This will be what you use to determine how long you will need to have the following:
Field Supervision
Project Management
Trailers/Utilities

11. Adding More Mark-ups Contingency Profit Overhead
Typically determined by Ownership
Sometimes determined by the client
Profit
For negotiated Government Contracts there is usually a scale that determines profit allowed
Overhead
Typically determined by accounting
Sometimes determined by the Client (for Engineering/Budget Estimates)

12. Engineering Input
Typically provided for Engineering/Budget Estimates and Design-Build bids
Drawing reviews with engineers & architects
Value Engineering Options

13. Case Study: SSPF Labs Renovation
Engineering/Budget Estimate
Renovation of PEMB space to lab space
Design to Budget < $1M
Cost Estimates to be provided at 45%, 90%, 100% & Final

14. SSPF Labs Renovation
Perform quantity take-offs & continue process as described before to produce estimate.
Contractor OH & Profit for budgeting determined by NASA.
Contingency determined by NASA.

15. SSPF Labs Renovation Additional Considerations
Provide back-up quotes for specialty items or systems over $5k that include:
Air Handler
Lab Equipment (Bio-Safety Cabinets, Glass Washers, etc.)
Lab Lighting

17. About the Project “I-4 Ultimate”
Florida Department of Transportation
Public-private partnership (P3)
21 miles of I-4 Reconstruction, including 4 new tolled Express Lanes
Interchange improvements
Traditional design & construction
Financing
Long-term/40-year Operations & Maintenance
$2.3 Billion Budget
Biggest Transportation Project in FDOT History

18. Project Schedule Financial Close: 4 September
Design/Notice to Proceed 1: 3Q2014
Construction/Notice to Proceed 2: 1Q2015
Substantial Completion: 4Q2020
Final Acceptance: 1Q2021
Overall ~6.5 year schedule

19. I-4 Mobility Partners Structure
Florida Department of Transportation
Concession
Agreement
Equity Contribution Agreement
Financing Agreements
Sponsors (50/50)
Lenders
O&M Agreement
DB Agreement
CJV (40/30/30)
O&M during Construction
O&M works
DJV (65/35)

20. Project Enhancements Our enhancements:
Auxiliary Lanes on I-4 for capacity
Provided Direct Connect Ramps to SR 408
Improved ramps/turn lanes for Level of Service
Added Maitland Summit Bridge
Added Kirkman Road Pedestrian Bridge
Create Green Space at Parramore/Griffin Park
Increase capacity at Division/Kaley Avenue
Improved Bridge Architecture
Key on the Lake Ivanhoe Gateway to Orlando
Add Direct Connect Pylons to Express Lanes
Iconic Pedestrian Bridge at Maitland
Extensive landscaping and fountains
Aesthetic Lighting in the Downtown Orlando
Create a $1.5M fund for artwork along Corridor
Deliver Platinum Envision Certification from ISI

21. I4 Mobility Management Plan
Our Project Management Plan:
HUB Office in Maitland (42,000 SF)
Co-located administrative office with FDOT, COS, I-4 Mobility Partners, Volkert (QAF), SGL Constructors and Designers (HDR/Jacobs)
SGL is fully integrated joint venture
Setting up 4 Area Field Offices along Corridor
Each area has Project Management staff responsible for safety, quality, schedule and commitments of the team
Administrative leaders at the Hub Office will maintain consistency in our delivery and can move resources as required to uphold the overall schedule
SGL team is proud to assemble our team of professionals that will properly plan our work in order to successfully deliver the I-4 Ultimate Project for FDOT and Central Florida

22. Than for your attention!

24. Happy Thanxgiving!!

25. Questions?