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.

Estimating 40

Estimating Overhead Profitability Remodeling 40

Rory Woolsey

JANUARY 16, 2012

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. Mr. Woolsey has earned a Bachelor of Science degree in Civil/ Structural Engineering and a Masters degree in Business Administration. Labor Productivity?

Estimating 45

Estimating Construction Overhead Contract 45

Rory Woolsey

APRIL 4, 2012

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.

Estimating 45

Estimating Construction Overhead Budgeting 45

Rory Woolsey

MARCH 20, 2012

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. Mr. Woolsey has earned a Bachelor of Science degree in Civil/ Structural Engineering and a Masters degree in Business Administration.

Estimating 40

Estimating Construction Overhead Structural Engineering 40

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. He is also affiliated with The Wool-Zee Company, Inc.,

Estimating 40

Estimating Cash Flow Budgeting Budget 40

Rory Woolsey

FEBRUARY 16, 2012

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 Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.

Estimating 40

Estimating Bidding Negotiation Contract 40