Eternity BuildersCommand Center
SOP Database
SOP-016Financial Stewardship

Estimating and Bidding

Our estimates are our word. This procedure ensures every bid is thorough, honest, and reflects the true cost of doing the work with excellence.

Updated 4/7/2026
8 steps
Flow Chief, The Watchman
estimatingbiddingfinancial

Procedure Steps

Follow each step in order. If something does not apply to the current situation, note it and move to the next step. If you find a better way, bring it to your group leader so we can improve the procedure for everyone.

1

Review the project documents thoroughly before beginning the estimate. Understand the full scope, specifications, and site conditions.

2

Conduct a site visit whenever possible. Photos and plans do not tell the whole story — walk the site.

3

Break the estimate into detailed line items: labor, materials, equipment, subcontractors, overhead, and contingency.

4

Get current pricing from vendors and subcontractors. Do not rely on old numbers — the market changes.

5

Include appropriate contingency based on project complexity and risk. Underbidding to win work is not stewardship — it is a trap.

6

Have the estimate reviewed by a second person before submission. Fresh eyes catch mistakes.

7

Present the bid professionally with a clear scope description, pricing breakdown, timeline, and terms.

8

Follow up with the client within 3 business days of submission. Show interest and availability to answer questions.

Who This Applies To