How to make a Reliable Winning Bid.For a construction and assembly industry to be financially viable, it must achieve positive economic outcomes in the work or services it provides.Where the assigned project originated in a bid with errors, the project will not be profitable.
Example of direct labor. Calculation of the labor required to execute a reinforced concrete base.In this example, we are calculating the labor hours required to build a reinforced concrete foundation. *Content only visible to Subscribers. You must be logged in to view this content.
Tax for Construction Contractors. In this publication, we summarize the type of taxes that will apply to tenders in the construction sector. *Content only visible to Subscribers. You must be logged in to view this content.
How to Calculate profit margin for a Construction Project.We define the profit or benefit as the income remaining after we pay all expenses. *Content only visible to Subscribers. You must be logged in to view this content.
How to Calculate Contingency Reserve. Owners or company project managers analyze and defining contingency reserves.In the construction industry, a contingency is a future event that can happen and is potentially negative.Therefore, contingency reserves are sums of money that are added to a bid estimate to cover these uncertain events. *Content only visible to Subscribers. You …
How to Calculate the Financial Cost of the Offer. It comprises all disbursements in terms of monetary units for interest, commissions, and other expenses arising from taking loans from financial institutions. *Content only visible to Subscribers. You must be logged in to view this content.
How to Calculate Insurance Cost. The estimation of financial costs in an economic proposal includes the insurance cost and the financial cost itself. This post examines the costs and types of insurances and sureties of bond. *Content only visible to Subscribers. You must be logged in to view this content.
How to Calculate Overhead Costs in Construction Projects.A comprehensive guide to determining overhead costs for construction and industrial assembly companies. *Content only visible to Subscribers. You must be logged in to view this content.
How to estimate other indirect costs of the Project.Analysis of the items to which the estimator assigns a defined cost. *Content only visible to Subscribers. You must be logged in to view this content.
