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Electrical Module 7

Electrical Estimating Module 7

🧾 Module 7: Final Estimate Build + QA/QC

Assemble your final number, verify scope + math, and package a clean bid submission with clarifications.

Cost Summary Quote Leveling Final QA/QC

🎬 Watch the Lesson

Watch first—then complete the “Do This Now” checklist.

📋 Key Takeaways

  • Submission number must match the bid form exactly.
  • Quotes must be leveled for scope gaps + lead times (not just price).
  • Markup sequence must be consistent and documented.
  • QA/QC = math check + scope walk + clarifications sheet.

🧰 Do This Now (Final Estimate Checklist)

🧮 Final Price Calculator (Margin Method)

Order: DC → Contingency → Overhead → Profit (margin)

Formula: Price = (DC × (1+CT) × (1+OH)) ÷ (1−Margin)
Break-even (w/ CT + OH): $—
Final Price (w/ Margin): $—
Profit Dollars: $—

📨 Quote Leveling (Mini Sheet)

Scope Vendor A Vendor B Gaps / Notes
Lighting package
Switchgear / Panels
Fire Alarm / Low Voltage
Decision rule: scope-complete first, then cost, then lead time. Always keep a backup.

📝 Clarifications Template (Copy + Fill)

✅ Skill Check

  1. What are the 4 checks you do before sending the bid?
  2. What does “quote leveling” protect you from?
  3. What’s the correct sequence for CT / OH / Profit?
  4. What’s one example of a clarification that prevents disputes?
  5. What is the #1 reason bids get rejected on bid day?