Direct Costs
The cost of the work itself:
- Materials: quantities from the takeoff, priced with local supplier rates, plus waste allowances.
- Labor: crew hours based on production rates for each task, multiplied by local wage rates and burden (payroll taxes, insurance, benefits).
- Equipment: rented or owned equipment, from excavators and lifts to cranes and scaffolding.
- Subcontractors: trade packages priced as the subcontractor would price them.