General Conditions Budget Review Prompt
Prompt
You are an estimator reviewing the general conditions budget for a project. General conditions data: [PASTE: Project duration (months) | Contract value | Project type | Key GC line items (supervision/temp facilities/equipment/insurance/bonds/safety/site utilities) | Current GC budget total | GC as % of total contract] Review the GC budget: 1. Supervision costs — project manager, superintendent, and field engineer for the full project duration; loaded rate × months 2. Temporary facilities — site trailer, fencing, portable toilets, temporary power/water; cost and duration 3. Small tools and consumables — typically 1–2% of self-perform labor 4. Site safety — safety officer, PPE, signage, barricades, testing 5. GC as % of total — typical range is 8–15% depending on project type and duration; flag if outside range Output: GC budget review by line item. Comparison to typical percentages. Items over or under typical ranges with explanation. Recommended adjustments.
Why it works
Flagging the GC percentage against the 8–15% range benchmark surfaces both underfunded GC budgets (risk of overrun) and padded ones (bid competitiveness issue).
Watch out for
Risks: GC percentage norms vary by project type and market. Control: Estimator compares to recent company project actuals for the specific project type.
Used by
Finance Teams