Different Types of Estimates

(1) Preliminary Estimates :- This type of estimate is required for

the preliminary studies of various aspects of work or project to
decide the financial position and policy for administrative
sanctions by the competent authority.
(2) Plinth Area Estimate :- This is prepared on the basisof the
plinth area of the building.
(3) Cube Rate Estimate:- It is an approximate estimate which is
prepared on the basis of cubical content of the building the
cuberate is deducted from the cost of similar building having
similar specifications and construction in the locality.
(4) Approximate quantity method estimate:- In this method
approximate total lengths of walls found in running metre and
this total length multiply by the rate per running metre of the
wall gives a fairly accurate cost.
(5) Detailed Estimate:- It is an accurate estimate and consist of working
out the quantities of each item of work and working cost. The detailed
estimate is prepared in two stages:
(a) Details of measurement and Calculation of quantities
(b) Abstract of Estimated Cost
(6) Revised Estimate:- It is a detailed estimate and is required to be
prepared under following circumanstances
(i) When the original sanctioned estimate exceeded or likely to
exceeded by more than 5%.
(ii) When the expenditure on a work exceeds or likely to exceed the
amount of administrative sanctions by more than 10%
(iii) When there are naterial deviation from the original proposal, even
though the cost may be met from yhe sanctioned amount.
(7) Supplement Estimate:- It is a detailed estimate and is prepare when
additional works are required to supplement the original work or
when the further development is required during the progress of
work.
(8) Annual Repair or Maintenance Estimate:- It is a detailed estimate
and is prepared to maintain the structure or work in proper order and
safe condition.

Contigeneies:- This term indicate incidental expenses of miscellaneous

character which ca not be classified under any distinct item sub-head
,yet pertain to the work as a whole.

Work Charge Establishment:- Itis the establishment which is charged to

work directly .During the construction of a building or a project, a
certain number of work supervisors,chaukidars,mates munshies etc. Are
required to be employed and their salaries are paid from the amount of
work charge establishment provided in the estimate.

Tools and Plants :- For big workor project a percentage of 1% or 11/2% of

the estimated cost is provided in the estimate for the purchase of Tools
and Plants which will be required for the execution of the work .