Easily Replace Field Validation into the Residential Construction Proposal

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How to Replace Field Validation into the Residential Construction Proposal

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how and what should be on a construction proposal can be confusing because youve seen it done a dozen different ways by a dozen different people in this video breakdown which worked for me and why it works hey everyone Im Mai Claudio owner of winrate consulting and host of the big stud sales podcast today were going to be reviewing some of the best practices Ive used when formulating creating and implementing new proposal creations ie whats on it where is it why is it there and how you can optimize the time you are using to put those proposals in front of clients so one of the first things and this has blown my mind for a long time I see an incredible amount of proposals that doesnt have the companys information on it I cant tell you how many times I went into a sales presentation and the client was like I was going to call this person but the information wasnt on the estimate or I cant find it anywhere I promise you theyre not saving your business cards so youre looking at

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What are the 4 steps to accurate estimation?

There are some key steps that must be followed to help ensure that estimates are accurate, reliable and on point for every construction project or program. Evaluate. Quantities. Pricing. Determining Labor Cost. Markups. Define the Project Risks and Factor in Their Costs. Estimate Submission. Lessons Learned.

What is the estimate review and validation process?

The estimate review process is usually comprised of a series of estimate reviews, beginning with internal estimating department reviews, engineering reviews, project team reviews, and continuing with reviews by various levels of management, depending on the importance of the project.

How do you validate an estimate?

How do you validate an estimate? The first step in validating an estimate is by evaluating the basis of the estimate (BOE). This includes the design, planning, risk, and cost basis of the project. The BOE has all the data, methodology, calculations, and assumptions condensed into one report.

How can I cancel a FHA case number assignment?

a. Request needs to be on company letter head showing the name of their company and contact information b. Include FHA Case Number c. In the body of the letter the lender needs to put the reason why they want the case number cancelled along with their active FHA Lender ID / 10 digit number.

Can an FHA case number be assigned after appraisal?

The effective date of the appraisal cannot be before the case number assignment date unless the lender certifies, via the certification field in the Appraiser Logging Screen in FHA Connection, the appraisal was ordered for conventional lending, HUD REO or government guaranteed loan purposes but was performed by a FHA

What is the warning on the FHA case number assignment?

The Case Number Assignment Update page may appear with a warning message. A warning message is displayed indicating the status of the validation of the name, Social Security Number, and birth date combination of the borrower(s) against government records.

What is review estimating methods?

The principal purpose of an estimate review process is to present information about the project and estimate in a way that allows the reviewer to evaluate that the estimate is of sufficient quality to meet its intended purpose.

What is the validity of an estimate?

A valid estimate requires the absence of bias or systematic error in selection, performance, detection, measurement, attrition, and reporting and adequacy in addressing potential confounding.

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