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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. Kaiser Constructors and has worked on projects ranging from heavy, military, industrial, commercial and residential. Labor Productivity?

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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.

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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.