Construction Cost Estimating
Assignment: Assignment 1 (Programming Budget Estimate)
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Project: 100,000sqft Warehouse Estimator: 0 Estimate Date: January 0, 1900
Programming Budget Estimate
Building Construction Site Development Subtotal (Construction Cost) Programming Fees Design Fees Geotechnical Investigation Testing & Inspection Fees Permits & Fees Insurance Owner-Furnished Furniture, Fixtures & Equipment Owner Soft Cost Subtotal (Costs) Sales Tax Owner Contingency Total Budget Estimate
Scope
Unit Price
Allowance 6% of Construction Cost Allowance 3% of Construction Cost 2% of Construction Cost 2% of Construction Cost
Allowance Allowance
8% of Subtotal 20% of Subtotal
Total
Assignment 1
Develop a programming budget estimate for a 100,000-square-foot warehouse, assuming a square-foot cost factor of $60 per square foot.
The site will be about 200,000 square feet with a site development cost of $3 per square foot. Use the following allowances to prepare your budget estimate:
Owner-furnished FFE: $1,000,000 – Owner soft costs: $800,000 – Programming fees: $50,000 – Geotechnical Investigation: $390,000
