A contractor's estimate shows how much the required construction work and materials should cost. Before signing a contract, it is important to check whether the estimate is complete and whether the prices are reasonable.
Make sure the estimate includes the foundation, structure, masonry, roof, engineering systems, finishes and other work specified in the project. Missing work can later appear as additional costs.
Compare the quantities of concrete, reinforcement, bricks, insulation and other materials with the technical project. Significant differences should be explained.
A lower total price does not always mean a better offer. Check which materials are included, their quantities and their quality level.
A clear estimate should show the cost of materials and labor separately. This makes it easier to compare different contractors.
Ask whether transportation, waste removal, equipment, utility connections, scaffolding and other additional work are included in the price.
A good estimate should be detailed enough to show exactly what you are paying for. If the contractor only provides a general price per square metre without detailed quantities and work items, it becomes much harder to verify the real cost.
If there are significant differences between the estimate and the project, ask the contractor for an explanation or review the documents with a specialist.