Quantity takeoff or estimating sheet is the general form of listing and taking off types, sizes and quantities of material required in a bidding process of any construction work. This quantity takeoff sheet also includes ductwork, piping, labor, risk cost and summation of all the estimated expenditure.
In a general bidding process of any construction work, the project estimation is the most vital thing to win the process. An almost accurate quantity takeoff sheet helps the architects, engineers and contractors to win any bid. So it is very important to get an almost accurate estimation of the project.
An estimating is very much important for contractor to record a description to calculate material, man hours, labor, equipment and subcontractors totals.