Most conceptual or programming estimates are developed by using historical square-foot cost data developed for a similar building type. STRC understands that no two buildings are alike; there is always some unique feature that has an impact on a building’s cost. We take the time to listen so we fully understand what makes your project unique. The following examples from current and past STRC projects reflect our focus on each client’s individual needs.
Sample A is an estimate for a new middle school built on an existing school property. The existing school was to be demolished after the new school was operational. The estimate was developed using historical cost data from other similar-sized school projects. We kept the format of the estimate clear and concise, with enough information to satisfy client representatives without overwhelming them. The estimate also included line items for the Owner’s soft cost and fees.
Sample B is an estimate for a new high school built in three phases. The first phase estimate was for a 146,920 square-foot freshmen center. Phase Two encompassed growth to a 1,500-student, four-year high school. Phase Three completed the high school with the addition of an Auditorium, Natatorium, Ice Rink and Football Stadium. The program estimate was calculated from the Architect’s list of room areas and functions. Using generic historical data, STRC established the base cost of the base building and then added the cost of high school premium areas, such as science rooms, cafeterias, art rooms and library. The soft cost, contingencies, fees, and escalation cost were funded by the school district under a separate budget; therefore, these costs were not included in this estimate.