Maintaining Reference Price Tasks for an Item on a Cost Estimate Typical Section

The Cost Estimate Typical Section Reference Price Task Summary lists all of the reference price tasks associated with the cost estimate typical section item. An item can have multiple reference tasks marked as active at a time. The system calculates the item price as the sum of the amounts in the active reference price tasks. During later phases of the estimation life cycle, percentages are incorporated in the calculation of the item price using reference price tasks.

Note: The system automatically sets the status of reference price tasks to inactive when an active bid-based task is added for the item.

You can access the component by navigating to the Cost Estimate Typical Section Profile Summary, clicking the Items tab, clicking the Details button on the appropriate item row, and then clicking the Reference link in the Details overlay.

The Item Information detail section displays read-only values in these fields:

The item Price is calculated using the active reference price tasks. If you change underlying data required for the calculation, the Price field does not display a value until you save the changes.

Each price task row includes an Actions button and represents a price task associated with the item on the cost estimate typical section. You can view or change values in these fields.

The Active check box determines whether or not the reference price task is used to determine the unit price of the cost estimate typical section item. If you manually enter a price for the item on the Items tab on the Cost Estimate Typical Section Profile Summary, the system sets any associated reference price tasks to inactive. The system also sets reference price tasks to inactive if an active bid-based price task is added for the typical section item.

Note: If the agency option for Prohibit Multiple Active Price Bases is set to Yes, only one price task on an item can be active at a time unless the active price tasks are in the same task group.

To delete a price task from the cost estimate typical section item, select Delete from the Actions menu on the price task row. To reverse the delete action, click the Undo button.

To add a new reference price task to the cost estimate typical section item, click the New button. The system adds a new blank row and sets the Price Task name to 'Ref' followed by the next available incremental number. To save a new reference price task, you must enter values in the Reference Price, Description, and Amount fields.

When you are finished making changes, click the Save button. The system updates the value in the Price field, if appropriate, and displays a message to confirm that your changes were saved.