Accurately and efficiently budgeting for new concrete-coated floors for your industrial space, healthcare facility or commercial space is paramount and can seem daunting for many facility managers. With a few steps, solid research and preparation, you can successfully estimate the cost of new concrete-coated floors and ensure that your budget for new floors stays on track.
How do you budget for new concrete-coated floors?
Step 1: Determine your facility's flooring needs.
To budget for new concrete-coated floors for your facility, you need to know what type of flooring best fits your business needs. A qualified concrete coating company can help you determine what type of flooring best fits your needs.
At Concrete Coatings of the Carolinas, we offer four main types of concrete-coated flooring:
• Epoxy Flooring
• Polyurethane Flooring
• Novolac Flooring
• Urethane Mortar Flooring
Once you have determined the type of flooring you need, you can better estimate the overall cost and timeframe for new floors.
Step 2: Contact companies for a quote.
Contacting several companies for a quote for new concrete coated floors will provide you with the best info you need to estimate cost and will also help you determine which company and the overall service they provide best fits your needs. While it may seem most budget-friendly and cost-effective to just go with the company offering the lowest bid, you should select the company that is offering you the best overall value for your project. This would include their customer service, the quality of the new concrete-coated flooring, and how long they will take to complete the project.
At Concrete Coatings of the Carolinas, our consultation process includes:
• A survey of your space.
• Provide you with a recommendation for the best flooring type for your needs.
• Providing guidance on your flooring decisions.
After your consultation with Concrete Coatings of the Carolinas, we can provide you with a quote and help you determine the best type of concrete-coated flooring to meet your facility's needs. After your consultation, we can also provide you with an estimated timetable for how long it will take us to complete your new concrete coated flooring. Once you have a variety of quotes, you can use the service estimate to help you determine what your budget and the total cost will be for new concrete-coated floors with each company.
Step 3: Estimating Cost for New Concrete-Coated Floors
When estimating the total cost of your flooring, you should add 15-20% of the total cost back into your final estimated cost in your budget for your flooring project. This additional percentage will give you extra room in your budget and some cushioning if things do not go as planned or unforeseen expenditures pop up during the project. This cushioning ensures that the new concrete-coated floors will still be under budget and any unforeseen expenses don’t blow your whole budget, causing the project and your bottom line to go awry. It also means that the project will come in under budget once completed.
If you are aware of any structural issues or other concerns that may need to be addressed before the new flooring can be completed, be sure to include those into your cost estimate for your budget.
Don't forget about downtime!
You should also estimate the cost of any downtime or expenses you will incur because of the flooring project. This would include the expenses of renting a temporary warehouse, office, commercial or industrial space. If products, machinery or equipment will need to be relocated temporarily, be sure to include this cost into your budget. Be sure to add more to the percentage you are adding on top of your estimate if you have to rent temporary space in case of unforeseen delays that require you to stay in a rental location longer than you originally estimated.
By determining your facility's needs, getting a variety of quotes and estimating the total cost and downtime, you can successfully budget for new concrete-coated floors.
At Concrete Coatings of the Carolinas, we can help you determine your budget for new concrete-coated floors in manufacturing plants, warehouses, distribution centers and other industrial and commercial spaces in the Charlotte and Raleigh areas. Contact us today to set up your consultation.