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Project Markup & Profit
Roll up direct cost, overhead, contingency, profit and sales tax into a final bid.
Inputs
Assumptions: Profit is taken on the cost-plus-overhead subtotal, then sales tax is applied last. Adjust contingency upward for remodels with unknowns.
Live estimate
Direct cost$50,000
Overhead (12%)$6000
Contingency (5%)$2500
Profit (15%)$8775
Sales tax (7%)$4709
Final bid price$71984
Effective markup44.0%
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