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Term Description
Markups Additional costs added to Material and Labor expenses such as Tax and Burden. Also, Indirect Expenses such as Stocking, Cleaning, Per Diem, and Supervision can be called Markups. Quick Bid calls expenses not associated with Materials or Labor "Additional Markups".
Material Cost Code An alpha-numeric code used to rollup like materials within a Bid, typically aligned with an Organization's Accounting system.
Multi-Condition Takeoff A patented method of grabbing multiple Conditions and then drawing once on the plan and the program finishes the takeoff for all selected Conditions automatically.

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