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Appendix A - Description of The Classes of Estimates Used by PSPC For Construction Costing of Building Projects - RAIC

The document describes four classes of estimates used by PSPC for construction costing of building projects. Class D is the least detailed with a 20% accuracy, Class C is more detailed with 15% accuracy, Class B is more substantive with 10% accuracy, and Class A is the most detailed pre-tender estimate with 5% accuracy.

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4K views2 pages

Appendix A - Description of The Classes of Estimates Used by PSPC For Construction Costing of Building Projects - RAIC

The document describes four classes of estimates used by PSPC for construction costing of building projects. Class D is the least detailed with a 20% accuracy, Class C is more detailed with 15% accuracy, Class B is more substantive with 10% accuracy, and Class A is the most detailed pre-tender estimate with 5% accuracy.

Uploaded by

Uros Novakovic
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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17/09/2023, 13:21 Appendix A – Description of the Classes of Estimates Used by PSPC for Construction Costing of Building Projects - RAIC

Appendix A
Description of the Classes of Estimates Used
by PSPC for Construction Costing of Building
Projects
Print this page

Class “D” (Indicative) Estimate


“Based upon a comprehensive statement of requirements, an outline of potential
solutions and/or functional program, this estimate is to provide an indication of the final
project cost that will enable ranking to be made for all the options being considered. This
cost estimate shall be prepared in elemental analysis format. The level of accuracy of a
Class D cost estimate shall be such that no more than a 20% design allowance is
required.”

Class “C” Estimate


“Based on schematic/conceptual design and/or comprehensive list of project
requirements, this estimate shall be adequately detailed and shall be sufficient for
making the correct investment decision. This cost estimate shall be based on measured
quantities of all items of work and prepared Public Services and Procurement Canada
Page 13 in elemental analysis format. The level of accuracy of a Class C cost estimate
shall be such that no more than a 15% design allowance is required.”

Class “B” (Substantive) Estimate


“Based on design development drawings and outline specifications, which include the
preliminary design of all major systems and subsystems, as well as the results of all
site/installation investigations, this estimate shall provide for the establishment of
realistic cost objectives and be sufficient to obtain effective project approval. This cost
estimate shall be based on measured quantities of all items of work and prepared in
elemental analysis format. The level of accuracy of a Class B cost estimate shall be such
that no more than a 10% design allowance is required.”

Class “A” (Pre-tender) Estimate


“Based on completed construction drawings and specifications prepared prior to calling
competitive tenders, this estimate shall be sufficient to allow a detailed reconciliation
and/or negotiation with any contractor’s tender submission. This cost estimate shall be
based on fully measured quantities of all items of work and prepared in both elemental
analysis and Trade division format as per MasterFormatTM. The level of accuracy of a
Class A cost estimate shall be such that no more than a 5% design allowance is
required.”

Reference
Public Services and Procurement Canada. “Cost Estimate Definitions.”
https://buyandsell.gc.ca/cds/public/2020/01/28/1309436c314b43a9317acb80ee8fb9b4/A
BES.PROD.PW_PWZ.B050.E10977.ATTA001.PDF, accessed September 14, 2020.

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