Advanced Estimating of Electrical Construction
November 10 - 11, 2020 (Tuesday & Wednesday)
**This class will be held in a socially-distanced manner where each participant has their own long table. The class will be limited to 20 attendees, so register early to ensure you can attend.
Developed to discuss all phases of the estimating process, this course covers all aspects of preparing a competitive bid. Key topics include identifying desirable bid opportunities, analyzing the company's capabilities to ensure profitable results, the estimator’s role at various stages of the project, writing an effective scope letter, and identifying often hidden costs in the bid documents.
Following this class, participants will be able to:
• Discuss the steps necessary to prepare a competitive bid
• Identify the most desirable bid opportunities
• Describe how a company’s capabilities can be analyzed to ensure profits
• Discuss cash flow and bonding
• Discuss relevant contract terms
• Identify price adjustment techniques, overhead, and profit
• List the documents required to estimate a construction project
Instructor: Matt Firestone. Matt Firestone is the Chief Estimator for Commonwealth Electric Company of the Midwest, based in Lincoln, NE. Matt started as a project estimator in 1997 and assumed his current duties in 2001. As Chief Estimator Matt and his staff assist Commonwealth’s various locations with their estimating needs and bidding all types of projects. In addition to leading the corporate estimating department Matt was instrumental in developing Commonwealth’s in-house estimating training program, now used companywide to educate new estimators as well as project managers. Matt has a variety of teaching and speaking experiences including the development of an electrical estimating curriculum he taught at the University of Nebraska – Lincoln and teaching at the local JATC both basic and advanced estimating classes for field personnel.
Target audience: This class is designed for estimators with one year or more of experience. **Minimum experience required: six months of hands-on estimating.**
Location: Indianapolis Electrical JATC, 1751 S. Lawndale Ave., Indianapolis, IN 46241
Course Dates: November 10-11, 2020 (Tuesday & Wednesday)
Time: 8:00 a.m. to 4:00 p.m. each day. Lunch and beverages will be provided. There will be breaks throughout the day and a lunch hour.
Member Registration fee: $200.00 per person. Contact Tavia Brunner (317-292-3199) for non-member fee.
Registration Deadline: Tuesday, October 13th
Payment: Fees must be paid by check. Make checks payable to "Central Indiana Chapter NECA" and PLEASE write "Advanced Estimating" on the memo line. Please send the check upon registration. Mailing Address: Central Indiana Chapter, NECA, 200 S. Rangeline Road, Suite 211, Carmel, IN 46032.
Cancellation policy: Firms who cancel their registrations after October 19, 2020 will be invoiced for the full registration fee.
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If you are joining us from outside the Central Indiana Chapter, NECA, please let us know your Chapter name:
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