Use the hint below to estimate all job overhead and assumed home office overhead costs for that project.
Your company is interested in bidding for a commercial building project (you can choose any location). The duration of the project is 2 years. You can make assumptions on the annual revenue of your company.
1. You should follow the examples in chapter 6 (Overheads and Contingencies) to make assumptions and calculate these overheads (For home office overhead follow figure 6.1, example 6-1 and for job overheads follow details on pages1 68- 70). 2. Please go through the estimating checklist under week 2 folder for various indirect costs.
Your work will be graded based on the completeness and accuracy of the following components: o Cover sheet including your name and ID (-5) o Assumptions made to complete your work for example what’s the annual revenue of your company office rent etc. in order to calculate home office cost allocation (-15) o Calculations needed to get all the quantities and cost numbers (-50) 1 The page number can be different if you have different edition of the textbook. Please contact the TA in this case. CE 4382: Construction Cost Analysis and Bidding o Project estimate summary excel sheet attached as an Excel sheet. You will only fill out only the portion for the overhead cost in that excel sheet (-20) o References including your cost resources (-10)
