Job Information

Job / Project Name

Client Name

Date

Scope of Work ⚠ Only the first 200 characters are saved in the Share Link. Export PDF to preserve the full scope.

Materials

Material Cost ? Your wholesale cost for all materials. Do NOT include markup here — profit is applied automatically via your profit % settings below.

Waste / Overage % ? Industry standards: Drywall 10%, Tile 15%, Flooring 10%, Lumber 8–12%. Adds a buffer to your material cost to account for cuts and waste.

10%

Equipment Rental

Permit Fees

Sales Tax on Materials % ? Varies by region. Enter 0 if not applicable. This bid is exclusive of VAT/GST unless entered here. Consult your accountant for your local rate.

Currency

Labor

Workers ? Number of workers on this job, including yourself.

Hours / Worker

Base Hourly Rate ? Enter base wage only. Labor Burden (taxes, insurance, benefits) is added separately below so you can see the true cost split clearly.

Labor Burden % ? The true cost of an employee beyond base wage. Typical breakdown: FICA payroll tax ~7.65% · Federal unemployment ~0.6% · State unemployment ~2–4% · Workers comp ~4–8% · Health & benefits ~8–12% · Paid time off ~3–5%. Total range: 25–40% depending on your trade and state. Applied ON TOP of base wage — not included in your hourly rate above.

30%

Subcontractor Costs ? Any work you're subbing out (electrical, plumbing, HVAC, etc.). Added to direct costs before overhead and profit are applied.

Business Costs & Profit

Overhead % ? Your ongoing business costs: insurance, vehicle, office, tools, licenses. Typically 15–25% for most trades. Applied to Direct Cost subtotal.

20%

Contingency % ? Buffer for surprises: hidden damage, material price changes, scope creep. Standard: 5–10%. Applied to (Direct Cost + Overhead) combined — a conservative approach that slightly inflates the buffer vs. applying to Direct Cost only. This is intentional and documented.

Profit ? MARKUP: adds % on top of running total (cost × (1 + %)). Most contractors use this. GROSS MARGIN: targets % of final price (cost ÷ (1 − %)). A 20% markup gives ~16.7% gross margin. Pick the method your business uses.

15%

Live Bid Estimate

READY

Total Bid Price

$0.00

— Direct Cost: $0

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