Estimates + Proposals
Estimating
Have a great estimate you'd like to transfer into CoConstruct? Get any of your current data moved into CoConstruct in a snap! The BasicsNumbering & OrganizationPercentages How do you currently estimate? Find the scenario(s) that best match you ...
There are a few different paths to unlocking CoConstruct’s single-entry construction estimating system. Account for important financial details of any project using the estimate. Start by creating an estimate on any Prospect or Active project. Here ...
Your estimate is your North Star to guide you on the path to a successful, profitable project. With CoConstruct, you can plan and price out your projects in an easy to use, flexible workflow that’s fully integrated with the rest of your project
Your clients will not be able to view the Project Estimate tab directly, but since the estimate information is fully integrated throughout CoCconstruct, you can expect certain information from your estimate to be visible to your clients elsewhere. F ...
To take full advantage of the single-entry financial system CoConstruct provides, build financial data using Specifications and Selections. However, there may be project costs that you don't want to share with the client or don't fit exactly into th ...
Your project estimate will include a lot of financial details for your project, and this also includes selections that haven't yet been decided by your clients. Some of the details may be associated with specifications, some may be tied to selection ...
Looking to quickly estimate based on project measurements and dimensions? Parameters are here to help! WHAT ARE PARAMETERS Parameters contain all project measurements and dimensions used to obtain accurate quantities when estimating or pricing out w ...
Looking to enhance your estimates with precise quantities derived from combining values and parameters together through formulas or equations? Have you leveraged formulas in spreadsheet systems before and want to implement them in CoConstruct?
Markup + margin
When you are copying selection items from a selection template, you may see an option asking about markup if you are tracking the budget for your project. On projects where you're tracking the budget, all of the financial details that have been built ...
For each of the markup, margin and tax calculations on your fixed price projects, you have the flexibility to choose whether the markup should be included in the allowances that you present to your clients. So, if you want to account for your profit ...
In CoConstruct, not only can you add markup throughout your estimates, but you have the flexibility to specify your default markup amounts in a few unique ways.
When you add new markups to your project, you will set whether the markup should be treated as cost or profit. For example, you might add "Cost" markups for things like taxes or commissions. At the end of the day, the amounts and calculations from th ...
Estimates in CoConstruct must always have at least one markup/margin calculation set up to help keep track of your estimated and actual profit during the course of the project. As a result, you will always have one profit markup at the bottom of your ...
If you are making changes to your markup configuration on a project, CoConstruct will let you decide whether the changes should be applied across the board or if they should only be used for future line items that are added. Note that this option is ...
You can customize the "Base Price" and "Total Price" labels that appear on a project, since different projects may use different legal pricing language. When you are creating a new project, if you expand the optional settings, you will see options to ...
On fixed price projects, CoConstruct lets you choose which of your markups, margins, and/or taxes should be included in any allowance amounts that you present to your client: For Markup/Margin calculations that you add, the system will only allow a ...
For many of our customers outside of the United States and those few regions within that require a tax, such as a Goods and Services Tax (GST), to be applied to the full price of the job (cost & profit) the below video will walk you through the s ...
The clients and anyone on your team with builder-side log in access with permission to view financial information can see the Financials Summary, including the base or contract price as well as the price impacts of any choices, upgrades, or changes o ...
If you have configured any of the markups for your project to be excluded from the allowances you present to your clients, you are locking in your profit for that item. As an example, you may build a $2,000 profit into your original budget for plumb ...
FIXED PRICE Tracking your budget and estimating on this project? Head to the Estimate page to update the Base Price. Click "(Update)" to set the contract price to either match the current estimated total or some manual number you determine NOT tra ...
There are two different ways that you can apply markup on your estimate, depending on the financial structure of your project, as well as your preferences. Markup applied per line item, in columns This configuration is the only option on Fixed Pric ...
Once you build out the estimate for a Fixed Price project in CoConstruct, you will want to set the "Base Price" of your project based on the number you wish to present to your client. To set the base price, go to the project's Estimate page and click ...
CoConstruct's estimating feature makes it easy for you to completely customize your markup amounts on your project, helping you quickly and easily calculate things like margin, overhead, commissions, contingency, taxes, and more.
Utilizing CoConstruct's single-entry financial system allows you to enter the project scope - including specs, allowances and options - and leverage that information to obtain and lock inaccurate pricing for you and your clients. Here's how to leve ...
Proposals
Secure projects quickly and effortlessly by offering clients a way to finance.
Save any standard language or verbiage you like on proposals, agreements, and contracts to your proposal template library. Proposal templates live in your template library
After you've built a new estimate or specs/selection sheet in CoConstruct, you can now put that information straight onto a proposal document along with other contractual language. Navigate to Proposals within the Financials section.
Need to separate out provincial, city, or state taxes on your proposal? Follow the easy steps below to ensure you line item any taxes on proposals. CONFIGURE YOUR TAX If you live in an area that requires you to apply a tax to the entire price of a ...
Easily print or export your professional proposal using the steps below: Start in the relevant project Select Proposals from the Financials section Open the sent proposal you wish to export or print Find the printer icon in the upper right corner o ...
Looking to quickly send proposals and contracts to clients for quick approval? Use CoConstruct's proposal feature to not only determine the scope and terms of your agreement but additionally send your clients the document AND also capture their ele ...
Need to quickly and efficiently communicate proposals and contracts to prospective clients? Use CoConstruct's proposal feature to send proposals directly to clients and your team. Follow the steps below to make sure you get your proposals where th ...
Do you prefer to give your clients more information beyond just the bottom line? CoConstruct's proposal feature allows you to decide various levels of details from a basic bottom line all the way to a detailed cost line breakdown. HERE'S HOW While ...
As you create custom proposals and agreements for your projects, you'll be able to insert project data fields that feed from information you've already entered into the project. What project data can I insert into my proposals? Proposal Date Proje ...
Prospect vs active
Getting familiar with CoConstruct and training your team Each and every CoConstruct account comes with a free Training Home project, and this is a great place to work as you get used to CoConstruct. Add a selection item. Make a choice. Create a chang ...
You can freely move projects between active and warranty phases, and if you archive the project, our Support team has the ability to set it back to the status it was in prior to that move. Once you move a project from prospect to the active or warran ...
On certain CoConstruct plans, prospect projects allow you to add a project to CoConstruct free of charge for use with a potential customer. Once that potential customer becomes a real customer, you'll then need to make the project "Active" from the P ...
Warranty vs archive
What are sublists? Sublists allow you to further segment the types of items on the Warranty page. They are most commonly used to separate your punch list items from other warranty items. As another idea, if you have predetermined warranty walkthrough ...
One of the most important parts of marketing your business comes after all the construction is done and the tools have been put away. That's when your clients hopefully start sending you referrals based on their great building experience with your co ...
The Warranty page of CoConstruct gives you a place to track and manage all of your warranty requests, warranty check-ins, or punch list items. Adding warranty requests No matter where you are, you or your clients can add warranty requests quickly: ...
To move a project out of archive, select the project from the archived project list on your Projects page.
When a project is completely done and the clients no longer need access, you can change it to "Archived" status. To do this, go to the Project Setup page and move the status to "Archive." This will turn off your clients' access, stop any notificatio ...
Hooray! The home is complete! But...now what? Once a project no longer needs to be "Active," you can change its phase to either "Warranty" or "Archive" by going to the Project Setup page. Update the phase and save at the bottom of the page. After ...
Once you are ready for a project to go into the warranty phase, go to the Project Setup page. Choose the new phase of Warranty, and be sure to save changes at the bottom before leaving the page! If there is a different team member who will be primari ...
No, the holidays only effect dates on the schedules. There are no restrictions for holidays for the Finish By dates on the Warranty list. ...
You can delete any warranty requests as long as they were entered by someone on your team. To delete a request, click "More" and choose "Delete." Note that you cannot delete a request that has been created by a client. Instead, consider marking the ...
It is a best practice to have a client sign off on warranty requests when they are complete. CoConstruct allows you to do this electronically. When you complete a request, it moves to the completed list, but is considered to be unverified. You and y ...
When you upload a file to the Files page, you will see an option to "Show to clients for review on warranty page." As the builder, you will not see these files on the warranty page, but any files that you upload with that option will show up when y ...
CoConstruct's warranty page lets you quickly and easily update multiple requests. You can: Complete a set of open warranty requests Accept multiple warranty requests that are awaiting review or marked "Not Warranty" Mark warranty requests as "Not Wa ...
For users who are assigned to warranty requests on your projects, there are two different types of notifications that will alert them to the assignment and convey the details for the work, in addition to alerts that they will see on their main dashbo ...
Clients Your clients can access the warranty page for their project, but they will only see limited information on this page. Your clients can: Submit a warranty request to your team for review (you'll be able to "Accept" or mark it "Not Warranty" f ...
A warranty request is displayed as upcoming or overdue based on the due date that has been assigned to it, the project's warranty expiration date, and your personal settings. Upcoming By default, warranty requests will be listed as upcoming 3 days ...
Full site From the main site, you can attach photos or files directly to a warranty request with the "Attach" option that you'll find after clicking into a warranty item. Choose from any files that have already been uploaded to other areas of the pr ...
Open These are items that you, as the contractor, have agreed to address. Awaiting Review These items were requested by your client and stay in this category until you either accept them or deem them not to be covered by warranty. Accepting an item m ...