Bidding Overhead Procurement Structural Engineering 
Rory Woolsey
MAY 31, 2012
“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Overhead: Overhead is the markup for the general contractor’s home office overhead.
Rory Woolsey
APRIL 4, 2012
The first crisis will occur when the contractor bids are greater than the budget estimate. Bare is exactly that; it is the bare cost of the direct activities less any mark ups for labor burden, taxes, bond, overhead and profit. All direct costs are then adjusted to include home office overhead and profit for the installing contractor.
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Rory Woolsey
MARCH 20, 2012
Architects and engineers define scope in plans and specifications but for construction estimating this scope is incomplete. Successful "hard bid" contractors know very well that scoping construction goes well beyond the AE scope and must include field specific scope. Typically the published unit costs do not include all the above.
Rory Woolsey
FEBRUARY 16, 2012
Ed Carrigan asked: “Do you believe there is a savings between JOC program and a bidding process (design-bid-build)?” For multi-trade repair and improvement type projects, Job Order Contracting will win out on a savings analysis over design-bid-build. ” Thanks for the question, Ed.
Rory Woolsey
FEBRUARY 28, 2012
A project cost should also include the indirect costs such as site specific overhead (indirectly attributable to all the project direct costs and can be 5% to 15% of project cost), home office overhead, profit, bond, sales taxes and even certain contingencies. Share to Twitter Share to Facebook. Newer Post. Older Post. Woolsey, MBA.
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