Line #

The identifier for an item. This field is populated automatically to assist in identifying the line for general navigation.

Note: This field is read-only and inherited from the Schedule.

Item #

A reference number that can be used to quickly identify the item, this can be supplied by the client to match internal records.

Note: This column cannot be edited in the Subcontractor Comparison – Subcontractor Details window. These values are inherited from the Schedule.

Description

Provides a detailed explanation of what the Direct Cost Schedule item is representing in the project.

Note: This column cannot be edited in the Subcontractor Comparison – Subcontractor Details window. This data is inherited from the Schedule.

Quantity

The Quantity column displays the number of units required to complete the Direct Cost Schedule item.

Note: This column cannot be edited in the Subcontractor Comparison – Subcontractor Details window. These values are inherited from the Schedule.

Estimated Quantity

This column allows you to enter a different quantity that you can base the subcontractors total off other than the quantity specified by the client.

Note: If using a rate from another subcontractor in the comparison, this field will use the Estimated Quantity from the other subcontractor and the column will become read-only

Unit

The Unit column represents the Unit of measure for the Direct Cost Schedule item.

Note: This column cannot be edited in the Subcontractor Comparison - Subcontractor Details window. These values are inherited from the Schedule

Effective Factor

The Effective Factor is calculated by multiplying the Subcontractor Factor column by the Factor columns value. The result of this is included in the calculation of the Subcontractor Total.

Rate Source

Rates provided by the current Subcontractor can be substituted for Rates supplied by alternative Subcontractors (in the same comparison). This allows for a dominant Subcontractor to be considered, whilst still giving the flexibility to promote cost pricing for other Subcontractors on particular items

Note: You are unable to select the quote from another subcontractor within the comparison if their rates are being sourced by the current subcontractor.

Quoted Rate

Used to enter the rate provided by the subcontractor for each item.

If a value is entered into the Quoted Total field, the Quoted Rate will be automatically calculated.

Quoted Total

Used to enter the total provided by the client for each item.

If a value is entered into the Quoted Rate field, the Quoted Total will be automatically calculated

% Independent Cost Estimate

Represents the percentage of the Independent Cost Estimate Value that will be proportioned to the item.

Independent Cost Estimate Value

This column displays the value of the Independent Cost Estimate that will be added to the item.

Note: This value is applied to the Rate Adjustment column in the Resource Explorer of the resource that is created for that line item, depending on the Quantity / Estimated Quantity applied. 

Quoted Total Including Independent Value

Represents the sum of the Quoted Total and the Independent Cost Estimate Value fields.

Cost Estimate

This column displays the total value of an item’s Self Performed Cost Estimate.

Subcontractor Rate

Represents the subcontractor's rate for completing one unit of the corresponding item.

This is calculated by summing the Subcontractor Total by the Quantity of the item.

Subcontractor Total

Represents the total subcontractor price for completing each item.

This is calculated by summing the Quoted Total, Independent Cost Estimate Value and Cost Estimate Value.

Comments

Additional information regarding the pricing information for the item can be entered into the Comment column.