The quantity takeoff is an in-depth estimate of all the inputs that will be necessary for a construction project. It is from this that costs are determined by itemizing the amount of material and labor required. Technology has improved the accuracy and speed of calculations in many aspects of the construction industry.
Define Quantity Take off
Bidding begins with a quantity takeoff, which determines how much work will be required for a particular project. Quantity takeoffs include labor and equipment requirements as well as material requirements for a project.
In contrast to cost estimates, it only quantifies the amount of work and resources needed to complete a project, not how much it will cost. This is simply a method of determining how much work and resources are required.
Quantity Take off Workflow
Consider a quantity takeoff for constructing a concrete foundation. Physical materials, such as reinforcing materials and concrete, would need to be taken into account.
The number of hours and days the crew and equipment would need to be on the construction site would also be calculated. Neither the quantity nor the costs of the project would be included in the estimate.
Contractors, architects, and engineers may take part in a quantity takeoff. Identifying a project's scope and cost is the first step. An estimator creates a budget or proposal for the project based on information from a takeoff.
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