What is the aim of the Unit-Price Estimating Method?

The aim of the Unit-Price Estimating Method is to estimate costs per individual unit of work. This method breaks down a construction project into smaller, quantifiable units, such as square feet, yards of material, or number of labor hours. Each unit has a predetermined price that reflects the cost of labor, materials, and overhead associated with that unit. By using this method, contractors can easily adjust estimates based on the number of units required for a project, allowing for more accurate and flexible budgeting.

This approach is particularly useful for larger projects where different types of work might vary widely in terms of requirements and costs, enabling contractors to provide detailed and structured estimates that can be easily communicated and understood. It encourages transparency in pricing and helps in managing project budgets efficiently.