What is a feasbility estimate?
A feasibility estimate is used in the early stages of design and the pricing stage to determine whether the project aligns with the budget and to help you identify which projects are viable before committing time and resources.
It provides a high-level cost estimate based on MJL Estimating’s database of current market rates, derived from recent projects, giving you a realistic understanding of where your project is likely to sit.
This allows you to make informed decisions early, avoid unnecessary costs, and move forward with confidence.
FAQ
what is the lead time
what documentation is required
what documentation is required
Feasibility estimates are generally completed within a short timeframe, depending on the size and complexity of the project. A clear timeframe will be confirmed with your fee proposal.
what documentation is required
what documentation is required
what documentation is required
Plans and any available documentation are recommended.
At a minimum, concept plans with elevations are required to prepare a feasibility estimate.
what is the cost
what documentation is required
what is the process
Feasibility estimates are provided at a fixed fee of $450 + GST per project.
More complex or detailed projects may be subject to an adjusted fee, which will be confirmed prior to commencement.
what is the process
what documentation is required
what is the process
1. Send through plans
2. Review of documentation
3. Fee proposal and timeframe provided
4. Feasibility estimate prepared
5. Review of key outcomes if required and final estimate issued