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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ 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.

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Rory Woolsey's Construction Estimating Blog: A New Year in.

Rory Woolsey

The inventory of houses on the market is declining which is good for residential construction and on the commercial side there are many aged facilities that are in need of renovation or replacement. Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting. Newer Post.

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Rory Woolsey's Construction Estimating Blog: Costing Construction

Rory Woolsey

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. Site overhead costs can be 5% to 15% of the overall project cost. Newer Post.

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Rory Woolsey's Construction Estimating Blog: The Estimating.

Rory Woolsey

Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting. He has since held positions as a field engineer, project manager, MIS manager, testing laboratory manager, estimator, senior editor, designer, structural engineer, and general contractor. Newer Post.

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Autodesk Construction Champions 2023: 25 People Powering the Future of Construction 

Autodesk Construction Cloud

Princeton University   Alec Overn Business Manager, Modular Power Solutions, Dallas, TX Alec joined MPS in 2019, and implements the organization’s objectives, policies, and performance standards as well as oversees overhead departmental functions. It is a very enlightening project demonstrating Open BIM's commercial value."

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Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

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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Rory Woolsey's Construction Estimating Blog: A Savings Analysis!

Rory Woolsey

This equates to 75 labor hours x a cost of $60 per hour (with all overhead and burdens) which equates to about 6% additional savings on a typical $80,000 JOC project. Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting. Share to Twitter Share to Facebook. Newer Post.