Templates
Construction project estimate template

Construction project estimate template

Enhance your project planning and budgeting with our construction project estimate template. This article explains how to use the template effectively, customize it to fit your needs, and highlights the benefits for construction managers and contractors.

Use this template with Lumiform

The Lumiform application helps frontline teams uphold internal standards effortlessly.
  • Customize this template or build your own
  • Fill out templates via mobile app
  • Assign and track corrective actions
  • Get reports and analyse your data
Prices start from ░░░ per month
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Learn more
or Download template as PDF
Construction project estimate template

Enhance your project planning and budgeting with our construction project estimate template. This article explains how to use the template effectively, customize it to fit your needs, and highlights the benefits for construction managers and contractors.

Use this template with Lumiform

The Lumiform application helps frontline teams uphold internal standards effortlessly.
  • Customize this template or build your own
  • Fill out templates via mobile app
  • Assign and track corrective actions
  • Get reports and analyse your data
Prices start from ░░░ per month
Book a demo
Learn more
or Download template as PDF

Created specifically for construction professionals who need to balance speed with accuracy, this project estimate template delivers a framework that combines thoroughness with efficiency. It features a unique three-tier organization system that separates direct costs (materials, labor), indirect costs (permits, equipment), and markup calculations—making it easy to adjust individual components without disrupting the entire estimate.

The template’s professional formatting is designed to impress clients while its comprehensive structure prevents the estimation oversights that lead to budget problems. You can use this while you’re bidding on residential renovations or commercial builds, to help you win more jobs while protecting your bottom line.

Related categories

Preview of the template
Page 1
Project Details
Project Name
Project Location
Project Start Date
Project End Date
Costs
Labor Costs
Material Costs
Equipment Costs
Subcontractor Costs
Permit Fees
Insurance Costs
Other Costs
Contingency
Contingency Percentage
Total Estimate
Total Estimated Cost

Frequently asked questions

What’s the difference between a construction estimate and a construction bid?

A construction estimate calculates expected project costs for internal planning, while a bid is a formal offer to complete work at a specific price. Estimates can be adjusted as details emerge, whereas bids represent contractual commitments. Your estimate forms the foundation of your bid, but the bid includes additional elements like terms, conditions, and exclusions.

How can I customize the construction project estimate template?

You can easily customize this estimate template to fit your specific project needs. Modify the fields to include relevant cost categories, adjust quantities, and input specific details to create a tailored estimate that aligns with your project’s requirements.

What markup percentage is appropriate for a construction project estimate?

Appropriate markup percentages typically range from 10-30% depending on project size, complexity, and competitive environment. Smaller residential projects often support higher markups (20-30%), while larger commercial projects may require lower markups (10-15%) due to competition and economies of scale. Adjust based on your overhead structure.

Why is a construction project estimate template important?

A construction project estimate template is important because it helps you plan and manage your project budget effectively. It ensures you cover all potential costs, avoid budget overruns, and maintain financial control throughout the project’s lifecycle.

This template, developed by Lumiform employees, serves as a starting point for businesses using the Lumiform platform and is intended as a hypothetical example only. It does not replace professional advice. Companies should consult qualified professionals to assess the suitability and legality of using this template in their specific workplace or jurisdiction. Lumiform is not liable for any errors or omissions in this template or for any actions taken based on its content.