Electrical Cost Estimate Template

Full Description

This Electrical Project Cost Estimate template is an Excel-based template that is useful for any industry and any project. Electrical project planners, managers, estimators, organizers, or designers can greatly benefit from it. It can be used for electrical estimating, cost analysis, making bids, and quotes, but also for evaluating different solutions in the construction project-making phase – for example, one job can be done in several different ways, with different materials, machines, and workforce types. With our spreadsheet, you can easily compare different project solutions.

WHY SHOULD YOU USE IT?

Excel is commonly used for estimating because people love Excel’s simplicity and all the useful tools it has. However, Excel estimating models lack some crucial things that cost estimating software has – an easily accessible database, the ability to divide the project into different phases, a clear insight into every construction project’s phase cost, and automatic report creation. That’s why we created the MB Estimating Spreadsheet, which keeps Excel’s simplicity and the ability to use all magnificent tools within but also incorporates crucial options of common cost estimating software. With this template, you can create your own database of materials, labor, and machines, easily access multiple database entries at once, and create estimates very quickly. You can create as many project phases as you like and have a clear insight into every project aspect. You can also create reports automatically (basic and detailed), providing an overview of your project’s estimated costs, which you can then send as quotes to your potential clients.

In this template, there is already a database with around 400 electrical materials with labor coefficients (man-hour) – amount of time needed for assembling one unit of material, which is useful if you want labor cost for assembling material automatically calculated. You can, of course, continue filling the database with over 1000000 rows of your electrical material and labor items, which you can use throughout every new phase or project, so there is no need to insert the database items repeatedly.

FEATURES:

>>>User-friendly, simple, and very effective
>>>Access multiple database entries at once and make estimates very fast
>>>You can create an unlimited number of project phases as unique sheets and have a detailed insight into each one
>>>Database with materials and labor can be easily populated and easily changed
>>>You can create two types of reports: basic and detailed
>>>It is fast, accurate, and saves your time

LEARN MORE:
Watch the overview video:

Watch detailed project example:

HOW IT WORKS: After you open the file, you will see four tabs – Instructions (with detailed instructions on how to use the spreadsheet), Database, Summary, and Stage 1. You can fill the database with over 1000000 rows of materials and labor. In the Summary sheet, you will have an overview of the results, and the main commands are executed from there. Stage 1 is a sheet where you will make an estimate for the first project phase (stage). You can create an unlimited number of phases.

*****Suitable for Excel 2007 and more recent versions, used on Windows computers, and Excel for MAC 2016 and more recent. After the Excel for MAC update 16.72, when creating a report for the first time in a session and Word isn’t open, the initial instance of the Word document might be generated as an empty file. To address this, simply click “Report” again, and the report will be created normally.***** ****Be sure to enable macros after you start the program if it is not already enabled in your Excel.****

UNLIMITED PRE AND POST-SALE SUPPORT Feel free to contact us both before and after your purchase. If you are uncertain whether this template aligns with your requirements, we’re here to assist. Together, we can ensure that your choice is well-informed and that our template aligns perfectly with your business goals. Your confidence in our product matters, and we’re here to help you every step of the way.