November 5, 2019
Phoenix Scheme A
This estimate reflects the fair construction value for this project and should not be construed as a prediction of low bid. Prices are based on local (Phoenix) prevailing wage construction costs at the time the estimate was prepared. Pricing assumes a procurement process with competitive bidding for all sub-trades of the construction work, which is to mean a minimum of 3 bids for all subcontractors and materials/equipment suppliers. If fewer bids are solicited or received, prices can be expected to be higher. The project pricing is for a stable market assuming normal rates. With the current market conditions / economic climate pricing could vary significantly.
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