Levelset
AUGUST 17, 2022
Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Utilization rate is a measure of the percentage of hours spent on billable projects versus overhead or administrative work. The break-even rate is calculated by taking total operating expenses divided by direct labor expenses.
Construction Cost Estimating
NOVEMBER 25, 2014
Construction Forms for Excel include : Estimation Forms for Construction: Bid Plan Log, Time and Materials Log, Estimate Sheet, Job Estimate, Telephone Bid Sheet, Itemized Proposal, Job Cost Report, Take Off Estimate, Time and Materials Estimate, Request for Proposal Log, Overhead Calculation.
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NH Construction Law
APRIL 26, 2018
Sometimes this unanticipated time/space compression is the owner’s fault, in which case the general contractor/construction manager and its subcontractors will likely be entitled to increased compensation by change order or otherwise -- and to a mechanic’s lien if that increase is not paid. But how is that sum calculated?
Chianelli Estimating
JANUARY 30, 2020
Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead. Should a contractor fail, it can open up an onslaught of problems, which could lead to a domino effect putting the project in peril; lawsuits, liens, lost time and progress to name just a few.
Levelset
APRIL 5, 2022
You can save your existing cash reserves to cover payroll and overhead costs, and the extended repayment terms ensures that you’ll have project income in the bank when the bill comes due. Last but not least, establish and follow your company’s mechanics lien policy. This policy lets you know when to send notices and file a lien.
Levelset
AUGUST 4, 2022
Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Using tools like a mechanics lien to secure payment can help ease the burden. The breakeven rate is calculated as total operating expenses divided by direct labor expenses. Example of revenue projection.
Contractor Bookkeeping
MARCH 9, 2013
Sending the Notice to Owner of Intent To Lien to protect my financial interests. Separate direct and indirect job costs from overhead. The Top Twelve Things We Hear Most Often. My Secretary Should Have Been On Top Of These Things: Making sure that I get paid from my customers.
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