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Cost Plus Estimating

ActiveApplications has the ability to use multiple price factors on an estimate. You can quickly create a standard price on a project but what about creating a construction bid. There are several bidding theories that help you determine what your pricing should be for project. This typically revolves around creating first knowing your costs then applying overhead and profit factors to the costs. ActiveApplications uses Price Factors for this proposal type. Displayed is a proposal with the Price factors displayed. Notice the price of the proposal
Cost Plus Estimating

Select the Price Factors Option and check both the Apply to all of estimate and Apply as Cost Plus Pricing options
Cost Plus Estimating

The factors selected will multiply the cost of each item times the factors. Some bidding theories save that if you have an overhead of 40% and you wish to make a profit of 30% then you multiply the cost by 1.4 then by 1.3 or a total factor of 1.82. A different factor can be used for each of the item types
Cost Plus Estimating

The results can vary significantly from standard pricing.
Cost Plus Estimating