What does the Tools & Equipment Estimate Include?
Tools and equipment are vital assets required for a construction company to complete their work. The cost to acquire, operate, and maintain tools and equipment must be accounted for when completing an estimate for a project bid.
The company accountant has given you the following numbers to enter in the Tools & Equip tab of the Estimating Workbook based on a forecast completed earlier.
In the Total Tools column (B), add the following values for each month:
Month | Amount |
January | 250 |
February | $350 |
March | $450 |
April | $850 |
May | $700 |
June | $350 |
July | $350 |
August | $350 |
September | $450 |
October | $280 |
November | $350 |
December | $350 |
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