Stop Pricing by Square Foot
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Key Takeaways
Move beyond square-foot pricing by developing a detailed, line-item budget using a comprehensive worksheet covering all construction divisions.
Get paid for pre-construction services, including design, planning, and permitting, as this due diligence is crucial for accurate project costing.
Obtain explicit and comprehensive scopes of work from every sub-trade and for every line item to protect yourself and your client from unforeseen costs.
Communicate budget uncertainties and potential variable costs to clients upfront, noting all assumptions and contingencies in your proposals.
Tailor your budget, schedule, and scope to each client's specific priorities, whether it's timeline, budget, or quality, as every job and client is unique.
Document everything: write specs for unclear details, note potential issues in bright font, and track actual costs against budgeted amounts to understand variances.
Utilize design professionals (architects, engineers, interior designers) to create detailed plans, providing a solid basis for accurate takeoffs and bidding, even for preliminary drawings.
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