Remove Design Remove Montana Remove Overhead Remove Project Management
article thumbnail

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?” ” I get this question a lot from my architect friends when helping them budget their projects through the design process. x Bare Direct Project Cost. Mark It Up!

article thumbnail

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

Rory Woolsey

I have figured that I have facilitated about 8,500 hours of classes on estimating, Job Order Contracting, and project management related topics. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Rory Woolsey's Construction Estimating Blog: The Estimating.

Rory Woolsey

Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972. Kaiser Constructors and has worked on projects ranging from heavy, military, industrial, commercial and residential. construction consultants.

article thumbnail

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

Rory Woolsey

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). Good project managers will always know where these project metrics are because they are indicative of the immediate health of the project. construction consultants.

article thumbnail

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

Rory Woolsey

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. This is the secret.