Estimate documentation is the calculation of the cost of all types of works, materials, equipment, and services related to the project implementation. It serves as the official financial justification of the project, used for contract signing, tender participation, passing expert reviews, and expense control.
What the service includes:
preparation of local, object-specific, and consolidated estimates;
cost calculation of construction, installation, commissioning, and repair works;
accounting for the cost of materials, equipment, transport, and overhead expenses;
preparation of estimates in compliance with current norms and standards (FER, TER, GESN, MDS, etc.);
adaptation of estimates to the requirements of the customer, expert review, or tender platform;
adjustment of estimates in case of design changes or price fluctuations.
Why estimate documentation is needed:
approval of the construction or reconstruction budget;
signing contracts with contractors and subcontractors;
participation in government and commercial tenders;
passing state or non-state expert review;
expense monitoring and prevention of unjustified costs;
reporting to investors and regulatory authorities.
Benefits for the client:
transparent and justified calculation of project costs;
minimization of financial risks;
possibility to compare contractor proposals;
faster approval and expert review process;
compliance of estimates with regulations and legal requirements.
Preparation of Estimate Documentation service provides the client with accurate budget calculations, legally correct documents, and full financial transparency of the project at all stages.