In this dynamic program industry expert Charles Vander Kooi draws on over 40 years of experience as an estimator and professional consultant to contractors to hit on some of the most important parts of your estimating system. In it Charles discusses why labor should be based on production hours and not dollars and cents and how do you arrive at your average hourly cost? He also goes over the theory of calculating equipment costs and why equipment should not be put in overhead. Overhead – What is it and how do you allocate it is another key are Charles will discuss.
- Discover how to calculate labor based on production hours
- Give examples how to arrive at your average hourly cost
- Breakdown costing out equipment and discover where it is placed in the bid
- Explain that overhead is recovered – not charged for.
Credits: 3.0 hours AIA/CES LU, PDH, MCAA, DBPR/CILB
Education Tracks: Business & Project Management
Event Type: WOC 3-Hour Seminars > Session
President & Consultant at Vander Kooi & Associates Inc.
Littleton, CO , United States
Charles Vander Kooi has been involved in the construction industry for over four decades—fifteen years as an estimator and upper-management employee and twenty-six as a leading consultant and speaker. He has bid over a billion dollars in work during his c …