Preliminary Bid Proposal
Conceptual estimate · AACE Class 4–5 · ±20–30%
U.S. Army Corps of Engineers, Los Angeles District
WestphalianFresco Construction
1400 Harbor Blvd, Long Beach CA · (562) 555-0142 · CAGE 8X4T2
Renovation of Building 214, Vehicle Maintenance Facility
Los Angeles County, CA · NAICS 236220 · PSC Z2AA · 18,500 SF
Quoted price
$67 / SF · $155,545 / month × 8
$217,763 between floor and ceiling. The cost is identical in all three — only fee and contingency move.
Bid band and market position
The recommended price is below the lower quartile of comparable awards — either a real cost advantage or missing scope. Confirm which before submitting.
Bid band against the local median award
One estimate, three commercial postures. The cost is identical in all three — only fee and contingency move.
- Local median
Fee is the contractor's profit. Contingency is the allowance carried for what the solicitation did not say. Lowering either lowers the bid and raises the risk the contractor absorbs after award.
Table view
| Posture | Fee | Contingency | Bid price | vs local median |
|---|---|---|---|---|
| Aggressive | 4.00% | 5.00% | $1,151,032 | −41.0% |
| Recommended | 8.00% | 10.00% | $1,244,359 | −36.2% |
| Conservative | 12.00% | 18.00% | $1,368,795 | −29.8% |
Where this bid sits in the local market
The bid band against 16 comparable federal awards in Los Angeles County, CA.
- This bid band
- Comparable awards, p25–p75
Each tick on the lower lane is one awarded contract. The vertical rule is the local median. Award amounts include the winning contractor's own fee and risk premium, and are not costs.
Table view
| Reference point | Amount |
|---|---|
| Aggressive bid | $1,151,032 |
| Recommended bid | $1,244,359 |
| Conservative bid | $1,368,795 |
| Local p25 | $1,681,250 |
| Local median (p50) | $1,950,000 |
| Local p75 | $2,300,000 |
Half the usual fee and half the usual contingency — a bid to keep crews working. Every unknown that surfaces after award comes out of margin.
The contractor's own fee and contingency schedule, unchanged. Use this unless there is a reason to move.
Fee up by half, contingency up by four-fifths. For loosely written scope, an unseen site, a compressed schedule, or inferred quantities.
Fixture comparables. A real run queries USAspending for federal contract awards in the same state and NAICS over the last three years.
Cost and price structure
What the price is made of, and where the underlying cost sits.
Composition of the quoted price
Four groups that sum exactly to the bid price.
- Direct cost$844,14167.8%
- Overhead & G&A$177,27014.2%
- Fee$81,7136.6%
- Insurance, contingency & bond$141,23511.3%
Table view
| Component | Amount | Share |
|---|---|---|
| Direct cost | $844,141 | 67.8% |
| Overhead & G&A | $177,270 | 14.2% |
| Fee | $81,713 | 6.6% |
| Insurance, contingency & bond | $141,235 | 11.3% |
| Bid price | $1,244,359 | 100.0% |
Direct cost by CSI division
Labor, material, equipment and subcontract for each division, before any markup.
Table view
| Division | Direct cost | Share |
|---|---|---|
| 26 · Electrical | $368,735 | 43.7% |
| 07 · Thermal & Moisture Protection | $205,302 | 24.3% |
| 23 · Heating, Ventilating & Air Conditioning | $86,984 | 10.3% |
| 03 · Concrete | $82,499 | 9.8% |
| 04 · Masonry | $48,029 | 5.7% |
| 08 · Openings | $31,268 | 3.7% |
| 09 · Finishes | $21,325 | 2.5% |
| Total direct cost | $844,141 | 100.0% |
Direct cost by type
What the direct cost is spent on, before any markup.
- Labor$339,67640.2%
- Material$504,46559.8%
Table view
| Component | Amount | Share |
|---|---|---|
| Labor | $339,676 | 40.2% |
| Material | $504,465 | 59.8% |
| Total direct cost | $844,141 | 100.0% |
Full markup waterfall
| Direct cost (labor + material + equipment + subs) | $844,141 | |
| Field overhead | 10.00% | $84,414 |
| Field cost | $928,556 | |
| Home office overhead | 6.00% | $55,713 |
| G&A | 4.00% | $37,142 |
| Cost before fee | $1,021,411 | |
| Fee | 8.00% | $81,713 |
| Insurance | 2.00% | $20,428 |
| Contingency | 10.00% | $102,141 |
| Cost before bond | $1,225,693 | |
| Bond premium (grossed up) | 1.50% | $18,665 |
| Bid price | $1,244,359 |
Schedule of work
Quantities as extracted, priced against the rate catalog. A line the engine could not match to a rate is shown unpriced rather than approximated.
| Div | Work item | Quantity | Hrs | Labor | Material | Direct cost |
|---|---|---|---|---|---|---|
| 03 | Slab on grade replacement | 12,000 SF | 420 | $28,499 | $54,000 | $82,499 |
| 04 | CMU partition walls | 3,200 SF | 384 | $27,229 | $20,800 | $48,029 |
| 07 | Roof tear-off and disposalqty inferred | 18,500 SF | 333 | $21,479 | $15,725 | $37,204 |
| 07 | Roof insulation boardqty inferred | 18,500 SF | 222 | $15,744 | $48,100 | $63,844 |
| 07 | 60-mil TPO membraneqty inferred | 18,500 SF | 407 | $28,864 | $62,900 | $91,764 |
| 07 | Perimeter edge metalqty assumed | 560 LF | 56 | $4,650 | $7,840 | $12,490 |
| 26 | Lighting and branch wiring | 18,500 SF | 1665 | $165,235 | $203,500 | $368,735 |
| 23 | HVAC replacement, office areaqty assumed | 4,000 SF | 320 | $30,984 | $56,000 | $86,984 |
| 08 | Hollow metal doors | 32 EA | 48 | $4,068 | $27,200 | $31,268 |
| 09 | Interior repaint | 24,000 SF | 192 | $12,925 | $8,400 | $21,325 |
| Total direct cost | 4047 | $844,141 | ||||
Basis of estimate
- Delivery method
- Design Bid Build
- Duration
- 8 months
- Place of performance
- Los Angeles County, CA
- Davis-Bacon
- Applies
- Wage determination
- FIXTURE-DO-NOT-USE-IN-PROD
- Material pricing
- Uncalibrated catalog defaults
- Comparable awards
- 16 · median $1,950,000
- Crew hours
- 4047
- Assumption set
- v0 · 0/94 calibrated
- Manual adjustments
- None
- Source
- fixture scope (offline preview)
- Report ID
- Q-00000000 · engine 1.0.0
Markup schedule
| Markup | Applied | Catalog default |
|---|---|---|
| Labor burden | 35.00% | 35.00% |
| Field overhead | 10.00% | 10.00% |
| Home office overhead | 6.00% | 6.00% |
| G&A | 4.00% | 4.00% |
| Fee | 8.00% | 8.00% |
| Insurance | 2.00% | 2.00% |
| Contingency | 10.00% | 10.00% |
| Bond rate | 1.50% | 1.50% |
Qualifications and open items
This proposal is offered subject to the following. Each is a limit on what the price covers, or a question whose answer could move it.
Qualifications and exclusions5
- Using fixture wage rates, not a real Davis-Bacon determination. Not valid for bidding.
- 10 line(s) use system default rates that have not been calibrated against your historical projects. These are placeholders.
- 2 quantity/quantities were inferred, not stated in the RFP: Perimeter edge metal, HVAC replacement, office area
- Cross-check: $1,244,359 is below the p25 of comparable awards ($1,681,250, n=16). Possible missing scope.
- 2 item(s) of required information are missing from the RFP.
Information missing from the solicitation2
- Existing slab thickness and reinforcement are not stated, so the demolition and disposal allowance is an assumption.
- No hazardous materials survey is attached; the roof tear-off is priced as non-hazardous.
Questions for the contracting officer2
- Is asbestos abatement required in the roofing assembly, and if so is it in this contract or a separate one?
- Will the facility remain occupied during construction, and are there restricted working hours?
Estimator's notes
Acceptance
Offered at $1,244,359, valid until February 14, 2026, subject to the qualifications above and to a site visit. The commercial range runs $1,151,032 to $1,368,795; a price outside it is a different scope, not a different negotiation.