contingency cost

How to Estimate the Direct Material Cost (Examples)

How to Calculate Direct Material Cost

How Calculate Direct Material Cost (Examples).
Steps to identify direct materials, inventorying them and inquiring about their costs, delivery times and payment conditions.
The term materials include…

Example of Direct Labor - Calculate Man Hours

Working Time Calculation

Working Time Calculation – Calculate man hours. 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.

The image shows the logo of the site "". The logo is a square with a light green background and a dark green $ sign inside it. How to Make a Reliable Winning Bid

How to Make a Reliable Winning Bid?

How to write 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.

Tax for Construction Contractors - Calculate Man Hours

Tax for Construction Contractors

Tax for Construction Contractors.
In this publication, we summarize the type of taxes that will apply to tenders in the construction sector.

How to Calculate Contingency Cost - Calculate Man Hours

Contingency Cost in Construction

Contingency Cost in Construction.
To carry out a project, one has to be very careful in the analysis of risk management.
Risks exist and happen in each project.

How to Calculate the Financial Cost of the Offer - Calculate Man Hours

How Calculate the Financial Cost of the Offer

How to Calculate the Financial Cost of the Offer.
It comprises all disbursements in terms of monetary units of interest, commissions, and other expenses arising from taking loans from financial institutions.

How to Calculate Indirect Labor - Calculate Man Hours

How to Calculate Indirect Labor

How to Calculate Indirect Labor in Construction.
Labor not assigned to a specific task or process is called indirect labor.

Scroll to Top