Does anybody charge an administrative markup on items which are not labor or professional service related. ie item "z" x SG&A (selling, general and administrative costs)or something similar
Not sure if this is what you're talking about, but I mark up materials 10% and subcontractors 15%.
> Not sure if this is what you're talking about, but I mark up materials 10% and subcontractors 15%.
Yes sort of, I have a strange project specific non taxable Union requirement I have to reimburse my employees.
Yes, I markup or add to the multiplier for the things you asked about. It was one of the first things I learned when I transformed from a worker bee 🙂 to a lizard boss :pissed: . LOL
> Does anybody charge an administrative markup on items which are not labor or professional service related.
I don't. I simply pass through expenses such as travel and copies of records at my cost. The minor overhead costs are part of the hourly rate (which is invariably the dominant item on the invoice).
> > Does anybody charge an administrative markup on items which are not labor or professional service related.
>
> I don't. I simply pass through expenses such as travel and copies of records at my cost. The minor overhead costs are part of the hourly rate (which is invariably the dominant item on the invoice).
Yes Kent that's sort of what I was thinking but this is going to amount to a couple of thousand dollars and a few hours of processing.
> ..... ct specific non taxable Union requirement I have to reimburse my employees.
What exactly does all that mean? :-S
> > ..... ct specific non taxable Union requirement I have to reimburse my employees.
>
> What exactly does all that mean? :-S
Specific to tunnels
These kinds of threads always confuse me. If you are working on the job for any reason, it should be paid for. We're in business to make money the last I checked.
Sometimes it's best to catch it on the front end and exclude this stuff from your contract. Then when it becomes an agency requirement, you just provide it. For your normal fee. If it's $150 or $2,500 don't make it your problem.
Or just include it on the front end and deal with it. Personally, I prefer the former and just exclude unknown variables. Sometimes I'll deal with as-built data when I'm staking something else on the project, and just file it. A good client I treat fair.
