e-STM8 Accurate Cost Estimates, Quicker Bidding Process, Import and Export Data to and from Microsoft Excel




e-STM8 Software version 5.0
Category: Project Management Software
System Requirements:Windows XP / Windows Vista/ Windows 7
& Java Runtime Environment JRE 1.6 or later
File Size: 8.4M
Rating By CNet Staff: ★★★★ 4.5 stars out of 5 (Review Content)
Price:Only $39.95
License: Per User Per P.C
(Not suitable for Windows NT)

buy now free trial



Construction estimate

Building an accurate construction estimate, can be a long process for Contractors. e-STM8 Construction Cost estimating software can help you gain a competitive advantage by facilitating your preparation of detailed, profitable bids while managing job costs and subcontractor bids.

e-STM8 Contractor Software offers basic and advanced Estimating features which allow the accurate construction of an estimate. The software enables you to set your default labor rates, plant rental cost and Material purchase prices.

The software then allows you to set up your List of sub-contractors and to assign any item in the un-priced Bill of Quantities to a Sub-Contractor ending up with unique Sub-Contract Bills of Quantities to form sub-contract packages to sublet. You can export these Sub-Contract packages to Excel files, have them priced by Sub-Contractors and import their prices back to e-STM8 for building your Tender. Moreover, it is designed to be easy to use and quick to learn, with a detailed Help section.

Suitability of e-STM8

e-STM8 is most suitable for Ad-measurement contract tendering where an Un-priced Bill of quantities is provided by Employer and Contractors are required to price and submit their Tenders. The quantity takeoffs are assumed to have been made earlier by Employer. The program is designed for international markets not just local USA market.

Software Capabilities

A quality construction cost estimating software can prepare and reports, schedules, outgoing tender as well as many other tasks that constitute the daily business functions of a busy contractor. Just a few of the many capabilities of e-STM8 are listed below:

  • Document Preparation: creates reports, schedules, Labor, Plant and Material sums.
  • Archives Previous Projects: builds a database of completed jobs for quick reference when preparing new bids
  • Flexibility: allows for instant changes to the whole estimate upon modifying a rate or quantity.
  • Communicating other Software: e-STM8 can import and export data to Microsoft office Excel.
  • Free Contractor Invoicing Platform: A free add-on has been added to e-STM8 to enable Contractors prepare progress Applications for Payment, by auto filling AIA G702 Application and Certificate of Payment, and AIA G703 Continuation Sheet, in PDF format.

Why Purchase e-STM8?

A small investment by Contractors in a flexible construction cost estimating software that can handle their needs can increase estimate accuracy, speed up bidding process and ultimately add to Contractors bottom line.
Moreover, when you purchase today, you can save probable price increments that may occur in future, and yet have free access to the program updates.


Manual and Operating Instructions for e-STM8 Software


How do I enter or edit data?

After starting the program, you will have to Start a new project and give it a unique title, or open an existing Project. Then you will be able to enter data under this specific project. Entering data without defining a Project is locked.

How to enter the Bill Of Quantities data?

Bills of Quantities comprise a list of items of work which are briefly described. The Bills also provide a measure of the extent of work and this allows the work to be priced. e-STM8 will assist contractors to price the bills and submit their proposals. Preparing the Bills of quantities is beyond the scope of e-stm8 program
e-STM8 allows users to enter the Bill data, item by item, or import all items from an Excel File on User's P.C.

For direct entry of data into the program:

Use icons in the toolbar to:
- Enter a new item
- Edit an existing item (selected by cursor from the table)
- Insert an item above selected row in the table.
- Move an item up or down after selecting it from the table.
- Delete an item.

For importing data from Microsoft Excel file:

Use Excel icons in the toolbar to import the Bill Of Quantities.
- The Excel file must have item descriptions at Column B, starting at Row 2
- The unit must be at Column C starting at Row 2
- The quantity must be at Column D, starting at Row 2
- Each row must represent an item. No empty rows allowed.

How to add a new Sub-Contractor to the List of Sub-Contractors?

Click the Sub-Contractors icon from the toolbar.
Note: The icon shall be enabled once a project is open, otherwise it is disabled.
A new window shall open with a Table that you can add, and delete a Sub-Contractor to the project list.
If the Sub-Contractor does not exist in the top left pane it shall be added to it automatically.
If the Sub-Contractor does exist in the top left pane you can assign any B.O.Q Item to him and he shall be added to opened project list automatically.
The table shall also show the total value of works assigned to each Sub-Contractor once their rates are entered .

How to delete a Sub-Contractor from the List of Sub-Contractors?

You can also delete a Sub-Contractor from the opened project List.
If the Sub-Contractor does not exist in any other project he shall be removed from the top left pane List of Sub-Contractors otherwise he shall only be removed from the opened project list
In other word you have two lists:
- a List of your Sub-Contractors in all projects which is shown at top left Pane.
- and a List of each project Sub-Contractors which can be accessed from toolbar.

What is meant by Construction Cost Elements in the program?

Construction Cost elements can either be:
- A Sub-Contractor Price.
- Labor, Plant and Material costs.
e-STM8 allows user to choose either but not both for the same item in the Bill of Quantities.
Other construction costs such as overheads, site offices, insurance shall be considered in the Markup

.

How to consider a Sub-Contractor Cost?

- Select the item to be sublet from the B.O.Q Pane
- Select the Sub-Contractor to whom the item shall be sublet from the top left pane.
- Click "add selected" button at bottom of the left panes.
- The item shall now appear in Cost Elements Pane with zero value.
- Click the Packages icon from the toolbar and select the Sub-contractor
- A new window shall open containing items assigned to this Sub-Contractor and forming the Sub-Contract Bill of Quantities
- Select the item and click "edit rate" then enter the Sub-Contractor price for this item and click 'save'.
The entered price shall be propagated to the Cost Elements Pane as well as to the Bill f quantities Pane
Note: If you have not entered the Markup percentages the price carried onto the Bill of quantities shall be the same as that of the sub-contractor. However, once you enter Markup the price shall be modified accordingly

How to consider Labor, Plant and Material Costs?

Select from Labor, Plant and Material Panes corresponding cost elements and click add selected.
You can add as many as you wish but only one selection from each pane at a time. That is you can select Labor 1, Plant 3, Material 4 for example and enter them then select Labor 2, material 6 etc
When you click "add selected" the items shall appear in the cost elements pane with zero quantity.
Select each item and edit it to enter corresponding quantity.
Quantity to be entered here is Man-Hour for Labor, Hours for Plant, and units of Material as per Material cost Table.

Is there a built in database of Labor, plant and material costs?

No. e-STM8 is provided with local USA commercial Labor cost prevailing in 2008 for illustration purpose.
User has to satisfy himself as to the applicability of these costs to his local region at the time the program is used, and to make any modifications required.
User can add new categories, delete or modify existing categories and corresponding costs by editing selected row.

How to allow for contingency, overheads, and profit?

Markup include direct and indirect overheads, contingency, as well as profit.
Click Markup icon from the toolbar to view the List of percentages to be added up to the project cost.
User may edit, alter or add his own Markup components and corresponding percentages.
Data entered in this table are reflected in the priced Bill of Quantities that can be viewed from Menu bar View > Priced B.O.Q, or from the Packages icon in toolbar.

How to import data from a Microsoft Excel file?

Click the Excel icon from toolbar and select import from Excel from the drop-down menu.
or File > Import from Menu bar
To import data from Excel Files data has to be arranged in an order readable by e-STM8. The first row shall have column titles and first column shall have a serial number starting with 1 at row 2.

How to export data to Microsoft Excel file?

Click the Excel icon from toolbar and select Export to Excel from the drop-down menu.
To Export data to an Excel File, a File Chooser shall open and user will have to specify the name of the file to export data to


.

How to know the costs associated with a specific resource or cost element?

Click the Stats icon from the toolbar, or Select View from Menu Bar and then the specific sum you wish to view.
Note: A project must be open in order to use this option, since sums are project specific information.
STM8 provides sums for Labor, plant and materials as derived from the Cost Elements of all items in the Bill of quantities.
As you may have noticed there is also a unique feature in e-STM8, that is summing up each cost element instantly and having it displayed in the bottom right pane of the main window.
This sum shall help in:
- resource allocation.
- Job planning
- Advantageous discounts for plant rental costs for longer durations

How to prepare a cover for the Offer?

Click the Tender icon from the toolbar or select View>Tender from Menu Bar

Though the Tender Letter is automatically filled with project data, including total offer in numbers and words, you will still have to enter some data such as Employer, Project location, date when invitation to tender was issued, and undersigned name.
You can edit any row by double clicking and then you can change any wording.

Construction Cost Estimating Software



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