Quick Bid - 12.01.02 Reports - Analysis Reports - QB

There are four reports in the Analysis Reports category that provide information about Material and Labor costs.

• Cost per Sq. Size report allows an estimator to compare the unit price of the current Bid against historical cost data. This report is created by taking the total selling price of the Bid and dividing it by the total square size, which results in a unit price per square size. The report can be viewed by the entire project or broken down by Areas. This report requires the square area to be entered on the Bid Cover Sheet for either the whole building or for each individual area in the Bid Areas list.
• Labor Risk report allows an estimator to evaluate the percentage of labor risk by comparing burdened Labor to combined Overhead and Profit applied to both Material and Labor. In other words, gross markup vs. gross labor cost. The percentage resulting from this calculation may be compared to historical data of similar jobs. For example, if the gross profit on a job totaled $20,000.00 and the labor including burden totaled $60,000.00, then the (labor) risk factor is 30%. This is just a factor with no industry standards. For example, some estimators may conclude that labor could over run by $20,000.00 before losing money out of pocket while others may conclude $40,000.00 worth of labor is at risk and not covered markup.
• Cost Percentages report splits up the selling price for the basic components of the Bid and displays a percentage for each component against the total selling price. This report separates the amount in a Bid for Material, Labor, Subs, Equipment and Other expenses and expresses these values as a percentage of the total Bid. Report options allow viewing by Section, Area or both.
• Unit Cost by Cost Code report allows an estimator to evaluate a unit selling price based on the quantity of a specific group of Materials. This report displays all material quantities by material cost code. The total Bid price is divided by the quantity of a Material group to extract a unit selling price per unit. Since estimators key on different materials for this ratio, the report lists all Material Cost Codes but they have no relationship to each other. For example, an EIFS estimator might wish to know the total selling price per SF of foam insulation, or a GC may want the total unit selling price per cubic yard for a concrete slab including site prep and foundation.

Bid Reports

Labor Reports