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QB - 11.05 Setting Selling Price When Your Bid Includes Alternates or Change Orders

Views: 782 Last Updated: 02/29/2024 06:46 am 0 Rating/ Voters
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Change Orders always have a separate "Selling Price" and are never adjusted when you set the Selling Price for the Base Bid.

When your Bid includes Accepted Alternates, you can choose to include them with the Base Bid Selling Price. The Base Bid and the Accepted Alternates are adjusted to the same Profit percent when you change the Selling Price.

The Bid shown below includes an Accepted Alternate and an Accepted Change Order - the Change Order is always priced separately, so we will concentrate on that Accepted Alternate only.

Changing the selling price when the bid includes alts or change orders
Markups Tab for a Bid with Accepted Alternate

Notice, our Selling Price for the Base Bid (just the Base Bid - "Include accepted alternates..." is not checked) is 223.075.

Now, click the "Include accepted alternate sections" option

Changing the selling price when the bid includes alts or change orders
Selling price including Accepted Alternate(s)

Our Selling price changes to account for the Accepted Alternate(s) in our Bid, 299,592 to be exact.

Now, for an example, we want to set the Selling Price (including Accepted Alternates) to 350,000.

Now the Base Bid (including Accepted Alternates) shows...

Changing the selling price when the bid includes alts or change orders

Next up, Additional Markups - those costs and expenses that are not tied directly to Material, Labor, Equipment, Subs, or Other expenses, or to any particular Section.

 Setting Selling Price for the BidReports - Overview



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