Repricing the estimate using cost indexes

You can adjust an estimate by multiplying item prices by factors stored in a cost index. For example, you could reprice an estimate to reflect the cost difference for various locations or currencies, or you could multiply item prices by adjustment or productivity factors.

Caution!  

  • Repricing your estimate using a cost index may result in invalid pricing data if you have already applied a cost index to your standard database within Means Integrator.
  • Sage Estimating will not reprice amounts that have been manually entered in the spreadsheet.
  • Sage Estimating will not reprice items in an estimate if their phase codes are not listed in the cost index.

To reprice the estimate using a cost index:

  1. Open the City Cost Index List window in one of the following ways:

    • On the ribbon, from the Repricing group on the Takeoff tab, click From Cost Index.
    • In classic view, click PricingReprice Estimate from Cost Index.
  2. From the City Cost Index List window, select the cost index you want to use to reprice the estimate. To return the items in the estimate to their original standard database prices, select Base Price.
  3. Click [OK]. Sage Estimating reprices the estimate.

    Notes:

  • You can also reprice an estimate by assigning it a cost index on the Main tab of the Estimate Information window.

  • You can view factors and base prices in the estimate, by selecting the corresponding option in the Spreadsheet Layout window. How?