Owner Change Order Costs

This comprehensive guide to construction Change Order pricing for the Owner will help to ensure an Owner gets all the information they should know before they open their checkbooks to cover added costs in a construction project. The provisions included in this Guide will generally apply to ALL TYPES of contracts and/or subcontracts. Let’s face…

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building your own home

When building your own home you’re faced with a number of decisions that will impact cost and schedule and every owner hopes to anticipate as many costs as possible — that means including reasonable contingencies. Initially an owner will need to answer a few questions before even starting the design process: Will you purchase a…

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construction equipment costs

When a contractor estimates a new, remodel or renovation project he must determine the construction equipment costs that will become part of the contractor’s overhead expense. Estimating the cost of equipment for a project can be as challenging as calculating his labor costs. It will depend greatly on whether the equipment needed is owned by…

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Overhead Costs - Direct and Indirect

Included in every estimate for any construction or renovation project are overhead costs which are generally added as a percentage to sum of labor, material and equipment. Overhead costs amount to a sizeable portion of the cost of any project and failure by the contractor to adequately project these costs can make the difference between…

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Construction Markup

Contractor markup is a given when hiring a contractor for your project.  You will have a bid or negotiated contract that will include a percentage for the contractor’s overhead and profit. If you have requested a cost breakdown from your contractor you will likely see a percentage for their markup or profit. What you probably…

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