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What This Template Includes
- Division-based breakdown (CSI format)
- Labor hours × rate per trade
- Materials with quantity & unit cost
- Subcontractor line items
- General conditions (supervision, temp facilities)
- Overhead & profit (O&P)
- Allowances and exclusions
- Total contract value
Template Preview
123 Main St
City, State ZIP
Project description summary
| Description | Qty | Unit | Rate | Total |
|---|---|---|---|---|
| Labor — [Trade] (Journeyman) | 16 | hrs | $85.00 | $1,360.00 |
| Materials — [Item description] | 1 | lot | $850.00 | $850.00 |
| Materials — [Item description] | 24 | units | $18.50 | $444.00 |
| Permits & Inspections | 1 | lot | $250.00 | $250.00 |
| Subtotal | $2,904.00 | |||
| Overhead & Profit (20%) | $580.80 | |||
| Tax (8.5%) | $294.30 | |||
Exclusions: [List anything not included]
Pro Tips for Better Estimates
The Construction Specifications Institute (CSI) MasterFormat divides work into 50 divisions. Using this structure makes your estimate look professional and makes it easier for owners to compare bids.
What's NOT included is as important as what is. 'Excludes: permits, site work, existing structure demo' prevents scope creep disputes.
Professional GCs include 5–10% contingency for unknowns. Show it as a separate line — it's honest, and most owners expect it.
The best estimates become cost tracking tools. Use the same line items through the project to see where you're over/under budget.
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