Course Syllabus
Fall Semester 2009
Course: CNST
6200
Strategic Bidding and Cost Estimating
Prerequisite(s): CNST 3410
Classroom: H339
Class Periods: W-F 8:05-9:55 PM
Text: N/A
Other Refs: R.S. Means
Construction Cost Data, Latest Edition;
R.S. Means Assembly Cost Data, Latest Addition,
Walker’s Building Estimator Reference Book
Latest Edition
Grading Policy: Tests (2@25%)=50%; Project 1@25%=25%; Presentation/Paper=1@25%
Instructor: Zuhair Itr, Ph.D., CCE Office: Room #H340
Office Hours: W F 12:00-1:00; 6:00-8:00 other office hours can be scheduled by appointment only
Telephone: 678-915-5517 Fax: 678-915-4966 Cell 404-886-6047 E-mail:
zmitr@aol.com
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Class |
Date |
Subject of Lecture/Lab |
Assignments Due |
Reference(s) |
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1 |
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Introduction to Cost Estimating |
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2 |
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The U.S. Construction Industry/Order of Magnitude estimating-Feasibility Study, Square Foot Estimates, Concept Estimates |
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3 |
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Estimate Organization, Type of Estimates, Introduction to Detailed Cost Estimate |
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4 |
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Unit Price and productivity |
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5 |
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Material/Labor/Equipment Cost |
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6 |
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Performing the estimate, Preparation of a Bid, Concrete Pricing |
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7 |
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Subcontractor Work, Subcontractor Selection |
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8 |
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Masonry Estimate, Doors, Windows, Rough Carpentry |
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9 |
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Finishes, Specialties, and Site work |
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10 |
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General Conditions, Overhead, Bonding and Insurance, Profit Items |
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11 |
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Bid Preparation and Review |
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12 |
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Closing the Bid |
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13 |
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Change Order Estimate and Schedule of Values |
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14 |
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Computer Application in Estimating |
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15 |
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Scheduling, Critical Path |
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16 |
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Test #1: Order of Magnitude, Square foot pricing, Pricing a concrete Subcontract |
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17 |
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The |
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18 |
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Requirement for Success-Establishing Objective, Introduction to ISO 9000, Issues with Implementation |
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19 |
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Planning your Profit Objective, Break even Analysis |
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20 |
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Principle of Information Management, Decision Tree-Utility Theory- International Market Challenges |
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21 |
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Presentation |
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22 |
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Test #2 |
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23 |
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Presentation |
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24 |
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Presentation |
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25 |
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Presentation |
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26 |
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Presentation |
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27 |
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Test #2 |
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28 |
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Matching the Markup-Data Bid System |
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29 |
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Bid Simulation -Project Submitted |
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30 |
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Class Review-Makeup |
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31 |
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NOTE: This syllabus is intended
to represent the general format of the class. The instructor may make changes
if it is determined that such changes will better suit the needs of the
students.
Catalog
Description: A review of all normal bid preparation activities that
should take place in a prime contractor's organization from the initial
decisions on project selection and receipt of drawings and specifications,
through the estimating process and sub-bid research, final bid assembly, markup
and submission, to postmortems and necessary follow-up actions.
Significant attention will be devoted to bidding techniques, strategies,
practices, and methods.
Course Objectives: Get Familiarize with the bidding
process, the various issues associated with markup, selection, bidding technique
in the Commercial Construction Industry.
Specific Requirements
for the Course: No
Final Exam. Final Paper should be presented on or before Friday a week after
Thanksgiving Holiday.
Plans Required:
Drawings
needed include: Civil, Landscape, Architectural and Structural Drawings Only.
Plans are available at the Marietta LDI located on US
41 and the 120 Loop in the
Project: Project is done by a Team of 3-4 students. Students are required to choose their team mate. Each member of the team receives the same grade on the project.
PROJECT SUBMITTAL
· Submit Bid Proposal as attached in the Specs
· Submit A detailed cost estimate Sorted by CSI Division
· Submit a Schedule of Values
· Submit a Summary of CSI Totals
· Submit a Summary of CSI Divisions Totals
·
For Tax purpose allow 5% Sales Tax in
· Assume That excess Soil could be Hauled Off to a Site 2 Miles away from Your Project
· Attach a Backup of your Quantity Take Off
· Submit an 8.5”x11” Suretrak Schedule for the various work component
· Allow 8% for Overhead and 5% for Profit
· Use R.S. Means to price Insurance and Bond Premium
· DO Not forget adjustment for location
· Use $6/SF in order to account for HVAC
· Use $10/SF to account for Electrical Service, Lighting, Power, etc.
· Use $2000/Fixture to Account for Plumbing Work inside the building
· Use $1.75/SF for Fire Protection and Sprinkler System
·
Deadline for Submitting Skeleton Estimate is: Friday a
week from Thanksgiving Holiday
· Job Selection: Utility Theory: decision Tree Analysis
· Case Studies: Interview with contractors
· Simulation of Decision Making Process: Small/Medium/Large
· State of the Art Literature Review
· Operation Research: Maximize utility with a set of constraint
· Forecasting and Time series analysis: modeling the demand to service
· Regression Analysis
· Topics in Strategic Planning
· @ Risk Presentation
· Bidding Strategy: New Trend in the Industry (CM, Partnering, Design Build, etc.)
· International Flavor (Various Bidding Models)
· Any other Related Topic
· Financial Impact on Operation: in depth review
· Surety impact on Bidding: The Gatekeeper of the industry
· Marketing of Construction Service Case Study
· Simulation Techniques
· Bidding Public Work (Other Constraints)
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Bidding International Project
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Bidding Strategy (Various Countries Approach)
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Method of construction deliveries
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Challenges in implementing ISO 9000 to the US Construction Industry
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The trend of Design Build
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Software and Computer application in Estimating
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Construction Management approach
·
Ethics in Construction
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Alternative Energy
·
Green Construction
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Stimulus Impact
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Estimating Highway and Civil work