Get step-by-step instructions for developing a price extension (aka cost estimate) sheet—a critical construction document.
Hi there, and welcome to the third course in our series, Construction Estimating Extension. In this course, we're going to build upon what you have learned so far, and basically add up all of your take-off measures and counts so we can put costs to them. The extension process is also know as costing an estimate. While it may seem simple to just add and multiply items, you'll find that there are a few techniques you should be familiar with when you extend an estimate to be as accurate as possible. It involves a good deal of math, so fire up your brain and pull out a calculator.
Let's get started.