A material takeoff is a complete, item-by-item count of every electrical component needed to finish a job. It covers everything from panelboards and transformers down to wire nuts, connectors, and mounting straps. Estimators work through the plans systematically, counting devices room by room or system by system. The takeoff feeds directly into both the material pricing step and the labor hour calculation, since each counted item carries an associated installation time from standard labor unit references like the NECA Manual of Labor Units.