A Unit Cost Estimate uses the measurements from each takeoff. This type of estimate allows the user to assign pricing per Sq Ft, Lin Ft, Cubic Yard, or Each.
A user can also assign a price, waste, overhead, and non-measured costs.
- Price: For a quantity estimate the price would be per Sq Ft, Lin Ft, Cubic Yard, or Each.
- Waste: The user can assign a waste percentage to each line item. For example, if the user knows the drywall in a project will need to be cut to fit in certain areas, they may assign a waste percentage to ensure they account for enough material.
- Overhead: The user can assign an overhead percentage to the project to account for items such as office rent, phones, insurance, etc This is to ensure a user does not underbid a project by accounting for the day-to-day costs of running a business
- Non-measured costs: The user can create items that were not measured in STACK such as truck rental, labor, scaffolding, etc. A waste and cost can be assigned to each of these non-measured items.
To get started choose a Unit Cost Estimate. (Note: A Material and Labor estimate is only available with a Pro subscription)
You will be presented a screen similar to this.
The fields in the color blue are editable fields, which include the waste and unit cost columns. As waste and unit costs are entered into the project, the price of the project will start to populate in the top black box. On a Unit Cost estimate, unit costs will always be $0. The user can enter the price by typing into the unit cost. The price would be specific to this project.
The Adjusted Quantity column is rounded to the next whole number by default. This can be disabled by clicking on Edit Properties.
Rounding for the Estimate:
- Unit Cost Estimate: The toggle will round to the next square foot, linear foot, cubic yard, or count.
The non-measured area is for entering items that are not typically measured on a plan page so that everything can be accounted for in the estimate. For example, you could use this area to account for freight charges, insurance, or equipment. You can also create re-usable lists that can be applied to future projects. To create a list, click Manage Item Lists from the drop-down menu.
This will direct you to the Company Settings area of the software. This is where you can create and manage your item lists. To start a new list, give the list a name, and click Add Item Set.
Then enter each item you would like to include in the list by including the name of the item and the unit. Continue adding items to build the list.
Once completed, you will see the lists shown in the Item Sets drop-down menu. Simply choose the list(s) you would like to include for the project. Make modifications to lists for future projects, click Manage Item Sets.
STACK offers the versatility to create multiple estimates from the same project. For example, you may want to add a higher or lower costs depending on the recipient of the estimate.
The estimate will provide the total Cost of the project. The next step is to create a Proposal to determine Selling Price of the project.