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Glossary
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Unit Pricing

Unit Pricing

What is Unit Pricing?

A contract that outlines the cost per unit, such as the cost per square foot or another measurement unit.

More In-Depth Definition of Unit Pricing

Unit Pricing is a pricing method in construction where costs are established per unit of measurement, such as per square foot of flooring or per linear foot of piping. This approach simplifies the bidding and pricing process, allowing contractors to provide clear and concise estimates based on the quantity of work required. Unit pricing is commonly used in various trades, helping project owners understand costs more effectively.

Example of Unit Pricing

A landscaping project that charges $15 per square foot for sod installation.