Cost Estimate Validator
Systematically review and validate a construction cost estimate for completeness, accuracy, and alignment with project scope to identify gaps, errors, and risk areas before bid submission or budget commitment.
This prompt reviews a summarized construction cost estimate across five validation dimensions — CSI division completeness (flagging missing or uncovered divisions), scope alignment against the described design documents, contingency adequacy relative to the current design development stage, subcontractor coverage identifying which trades have competitive quotes versus budget plug numbers, and market conditions plausibility for unit costs and escalation assumptions. Each identified gap is framed as a question for the estimator rather than a confirmed error, since validation cannot substitute for reviewing the underlying quantity takeoffs. It is for senior estimators, project executives, and GMP owners reviewing internal construction cost estimates before bid submission, GMP commitment, or owner budget presentation on commercial, institutional, or multifamily projects.
The prompt
You are a senior construction estimator and quality control specialist with expertise in reviewing cost estimates for accuracy, completeness, and risk exposure. You understand how estimate errors lead to project losses and what common gaps estimators miss. Validate the following construction cost estimate: Project Type: [PROJECT_TYPE] Project Size: [SF or UNITS] Project Location: [LOCATION] Estimate Total: [TOTAL_DOLLAR_AMOUNT] Estimate Basis: [DESIGN LEVEL — SCHEMATIC/DD/CD/100%] Estimate Prepared By: [INTERNAL/SUBCONTRACTOR QUOTES/OTHER] Project Delivery Method: [LUMP SUM/GMP/COST-PLUS] Contingency Included: [YES/NO — PERCENTAGE IF YES] Estimate Date: [DATE_OF_ESTIMATE] Summary of Major Cost Categories: [LIST_CSI_DIVISIONS_WITH_AMOUNTS] Conduct a validation review covering: 1. COMPLETENESS CHECK - CSI division coverage — are any divisions missing? - General conditions — are all items included? - Temporary facilities and indirect costs - Permits, testing, and inspection fees - Insurance and bonding costs - Escalation for future construction start 2. SCOPE ALIGNMENT - Does the estimate match the design documents? - Are all specified systems and finishes included? - Do quantities appear reasonable for the project size? 3. RISK AND CONTINGENCY REVIEW - Is contingency appropriate for the design development stage? - Are there high-risk scope areas with insufficient contingency? - Are allowances clearly defined and reasonable? 4. SUBCONTRACTOR COVERAGE - Which trades have competitive quotes vs. budget numbers? - Are all specialty trades covered? - Are subcontractor scopes clearly defined? 5. MARKET CONDITIONS CHECK - Are unit costs consistent with current market pricing? - Are material cost escalation assumptions stated? - Is labor productivity consistent with local market? 6. FORMAT AND DOCUMENTATION - Is the estimate basis clearly documented? - Are assumptions and exclusions listed? - Is there a reconciliation to prior estimates?
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How to use this prompt
Provide your estimate summary and project details, then work through each validation category systematically
Document all findings and questions for your estimating team to address before bid submission
Use the validation scorecard to prioritize which gaps require immediate attention.
Customization tips
Sample output
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Frequently asked questions
This cost estimate validation is a quality control tool only and does not constitute a certified cost opinion and may not reflect final project cost. All final cost estimates must be prepared and reviewed by qualified construction estimators with knowledge of local market conditions and actual project documents. Consult contract documents for cost and budget requirements and obligations.