Precise pre-estimates are prepared by Nicolaou & Konnides in the initial stage of budget costing.
Samples of such precise pre-estimates are:
| Project | Estimated Cost | Tender Sums | Accepted Sums | Inclination | Year |
| Building of Flats in Nicosia | €600.000 | €600.000 – 700.000 | €600.000 | 3% | 2001 |
| Showrooms and Offices in Nicosia | €1.100.000 | €1.000.000 – 1.300.000 | €1.000.000 | -8% | 2001 |
| Authority Regional Offices in Larnaka | €7.600.000 | €7.400.000 – 8.700.000 | €7.400.000 | -3% | 2002 |
| Rehabilitation of Mosque | €1.700.000 | €1.500.000 – 2.200.000 | €1.500.000 | -14% | 2002 |
| Technical High School in Larnaka | €7.500.000 | €7.400.000 – 8.500.000 | €7.400.000 | -1% | 2002 |
| Marmalade Factory in Nicosia | €700.000 | €700.000 – 900.000 | €700.000 | 1% | 2002 |
| Municipality Social Center in Nicosia | €2.200.000 | €2.100.000 – 2.500.000 | €2.100.000 | -4% | 2002 |
| Block of Offices, Flats & Shops | €950.000 | €900.000 – 1.000.000 | €900.000 | -10% | 2002 |
| School Repairs and Renovation | €800.000 | €800.000 – 1.000.000 | €800.000 | -5% | 2003 |
| Bank Branches | €2.100.000 | €2.000.000 – 2.200.000 | €2.000.000 | -7% | 2003 |
| Residence in Nicosia | €400.000 | €400.000 – 500.000 | €400.000 | 4% | 2003 |
| Sewage and Road Works for Plots | €5.200.000 | €4.600.000 – 5.300.000 | €4.600.000 | -12% | 2003 |
| Residence in Nicosia | €800.000 | €800.000 – 900.000 | €800.000 | 2% | 2004 |
| Residence in Nicosia | €600.000 | €600.000 – 700.000 | €600.000 | -1% | 2005 |
| Air Aircraft Control Center in Nicosia | €8.400.000 | €8.100.000 – 8.900.000 | €8.100.000 | -3% | 2005 |
| CYTA Broadcasting Station Repairs | €2.500.000 | €2.400.000 – 2.700.000 | €2.600.000 | 0.50% | 2006 |
| TEPAK University in Limassol | €3.400.000 | €3.500.000 – 3.800.000 | €3.500.000 | 3% | 2007 |
| Turist Complex in Tochni Village | €4.200.000 | €4.000.000 – 4.400.000 | €4.000.000 | -5% | 2008 |
| Residence in Nicosia | €900.000 | €830.000 – 960.000 | €830.000 | -8% | 2009 |
| Emporiki Bank Cyprus LTD | €500.000 | €440.000 – 530.000 | €440.000 | -12% | 2010 |
| NDD Developments Building in Engomi | €1.700.000 | €1.650.000 – 1.850.00 | €1.650.000 | -3% | 2011 |
| Bank of Cyprus Data Center | €330.000 | €295.000 – €300.000 | €295.000 | -11% | 2011 |
| Alexander the Great Hotel Renovation | €7.700.000 | €6.900.000 – €7.800.000 | €6.900.000 | -10% | 2012 |