Bid Recap

From burdened crew rate to sell price. Every layer on its correct base, in the order the recap sheet applies it.

Crew & burden

Composite $36.50/hr on a base of $29.29 · 7-person crew

Class	Head	Base $/hr	Burdened
Foreman			$51.66
Journeyman			$36.76
Apprentice			$28.38
Helper			—

Union fringe ($/hr)

Benefits (% of wage)

Workers comp (% of wage)

FICA 7.65% · FUTA 0.6% on $7k · TX SUTA 2.7% on $9k · GL 2% · small tools 2% applied automatically. Wages default to BLS OEWS May 2025, Houston open shop.

Direct cost

Adjusted manhours (MH)

Material ($)

Equipment ($)

Subcontracts ($)

Other direct ($)

Indirects, risk & margin

Supervision (% labor)

Proj. mgmt (% direct)

Consumables (% mat'l)

Permits ($)

Sales tax (%)

Taxable mat'l (%)

Escalation (%/mo)

Duration (months)

Contingency (%)

Overhead (%)

Profit (%)

Insurance (% sell)

Bond (% sell)

Recap sheet

Direct

Direct labor$87,588.56

Direct material$86,000.00

Equipment rental$9,500.00

Subcontracts$24,000.00

Other direct$3,000.00

Field indirects

Supervision$8,758.86

Project management$8,403.54

Consumables$2,580.00

Permits & fees$1,200.00

Tax & time

Sales tax$7,095.00

Escalation$2,603.83

Total cost$240,729.79

Risk & margin

Contingency$7,221.89

Overhead$29,754.20

Profit$22,216.47

Insurance$3,076.13

Bond$4,614.19

Sell price$307,612.67

Net margin

7.2%

Gross margin

21.7%

Sell per MH

$128.17

Labor share of cost

40%

Productivity exposure

Planned profit$22,216.47

Profit after a 10% labor overrun$12,581.73

A 23.1% labor overrun erases all profit on this bid. Productivity factors on the estimate lines are where that risk is priced.