An HVAC estimating spreadsheet is the right tool for home heating and cooling professionals to use when they are preparing a quote from their customer. Since an estimation of an HVAC system is required by most local building authorities and regulatory agencies, this could be the single most important thing for your company.
The estimator must have a good understanding of the basic components of an HVAC system, along with knowing how each component can affect the final cost. By understanding these aspects, it will be easier for the estimator to arrive at a realistic estimate.
To make an estimate, the estimator uses two factors: demand and supply. A demand statement takes into account the number of units, as well as the installation price of the equipment. Supply can include maintenance and utilities and will also take into account the size of the building where the unit will be installed.
The next step involves taking an inventory of the equipment that will be used to measure the demand and supply. This inventory includes the total quantity of electrical power that will be required, and any equipment that is needed to maintain the systems. For each item in the inventory, the estimator will record how much will be required, as well as what it will cost to maintain the equipment.
Once the estimator needs to provide a bill of materials for each item in the inventory, it will be time to break the materials down by category. This will allow the estimator to provide a breakdown of the costs of each item.
Since estimators work for many different clients, it is important to find out their estimated tax bracket and work accordingly. In order to avoid being rejected by a certain tax bracket, an estimator should be aware of the reasons a client is paying a certain amount of tax.
The estimator uses its experience to determine a maximum estimate, and a minimum estimate. It will use these estimates to reach its final estimate and will document all adjustments. It is possible to use the estimated costs as the basis for a new estimate, or to make modifications to the estimates.
Finally, the estimator uses its experience to keep an accurate record of all the prices and costs involved in the project. This is the perfect way to keep track of the materials and labor involved in the process.