To access Bid related stocking or cleaning costs, open the Markups Detail from the Markups Tab, and click on the Stock or Clean button on the left side of the dialog box. This is where bid-level Stocking and/or Cleaning costs are configured.

Calculating Stock or Clean

Stock can be calculated by the quantity or cost of the material or by labor hours. The grid below explains what each of the fields on the Stock tab mean - depending on the Calculation Method and Results chosen, the fields change. Below the grid are detailed explanations of each of the Calculation/Result options.

 

Field

Description

Mat. (Material) Cost Code

Displays all of the Material Cost Codes used in the selected Section.

Quantity

Quantity displays the Section quantity total for each Material Cost Code. The Quantity column is available only when Calculation Method is set to Material Quantity. Read Only.

Percent

Visible when Calculation Method is Material Cost or Labor Hours.

  • When both the 'Calculation Method' and 'Show results as' are set to Material Cost, enter the percent of cost for stock or cleaning cost. The Cost is then multiplied by this percent to come up with a Total Cost (of the Indirect Expense).

  • When the Calculation Method is set to Labor Hours, enter in the percent of Labor Hours that is the cost of Indirect Expense - Stock. The Hours are then multiplied by this percent to come up with a Total Hours.

Cost

Visible when Calculation Method is Material Quantity. Cost applies a fixed dollar value to the Quantity (for example, if Quantity is "1,000" and Cost is ".05", the Total Cost (of the IE) is "50.00".

Total Cost

Total Cost displays the Total Stock Cost for the Material Cost Code.

Cost Code

Enter the Cost Code to which Stock or Clean Indirect Expense is applied.

Installers

Visible when 'Results' is 'Labor Cost'. Click the Lookup tool to choose an Installer.

Wage Type

Visible when 'Results' is 'Labor Cost'. Click the drop down to select a Wage Type.

 

Calculate Indirect Expense by Material Quantity

The Material Quantity calculation method calculates how much it costs to stock or clean the job based on the Materials quantity in the job.

 

Results shown as Material Cost

 

 

Results shown as Labor Cost

 

 

Calculate Indirect Expense by Material Cost

The Material Cost calculation method calculates the percentage of how much it costs to stock or clean the job based on the Materials costs in the job.

 

Results shown as Material Cost

 

 

Results shown as Labor Cost

 

 

Calculate Indirect Expense by Labor Hours

The Labor Hours calculation method calculates the percentage of how much it costs to stock or clean the job based on the amount of Labor hours required to complete the activity.

 

Results must be shown as Labor Cost.

 

 

 

These calculations are based on the values in Default Indirect Expenses but can be changed after the project starts bidding.

 

 

Supervision Indirect Expenses