It is done side-by-side, stating the possible reasons for the variations.Ī revised estimate is prepared and submitted when – It shows the probable variations for the quantities, rate, and amount for each construction work item compared to the original Estimate. A revised estimate is prepared and submitted for the main purpose of technical sanction.Ī comparative statement abstract accompanies a revised estimate. The revised Estimate includes revised quantities and specified prices of items of the Work Estimate originally provided. It is also prepared for the execution of a Construction Project. A detailed estimate is mainly prepared for administrative approval and technical sanction. It also includes calculations, detailed drawings, and the basis of rates adopted. A detailed estimate is the most accurate Building Estimate that can be prepared.Ī detailed estimate includes specifications, rates, and design data. It includes the quantities, work method, rates, and measurements. The different types of Building Estimates are mentioned below:-Ī detailed estimate is an estimate which includes the detailed particulars of the specifications of the material.
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