Is the square footage method of estimating always recommended for lump-sum contracts?

The square footage method of estimating is not always recommended for lump-sum contracts due to various limitations it presents. This method simplifies the estimation process by calculating costs based on the total square footage of a project, leading to a straightforward estimation technique that may work well for large-scale projects. However, it does not account for the complexities and variances that may arise in different project specifics, such as site conditions, architectural features, or customization needs.

Using square footage alone can result in inaccuracies, particularly in projects where the intricacies and details are significant. Each project's requirements can vary widely, and a lump-sum contract typically necessitates a more comprehensive approach to ensure all potential costs are accurately captured. As such, estimators often prefer detailed assessments that consider materials, labor, and unique specifications of the work required, rather than relying solely on a generalized square footage calculation.

Ultimately, while the square footage method can serve as a helpful starting point, it is not universally applicable in all cases, especially for lump-sum contracts where precise budget forecasting is critical for both parties.