Home > Project Closing > Indirects/Bond
Indirects/Bond
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Overview:This option allows the estimator to set up, maintain, and print a list of project indirect cost items. In addition, the estimator can spread the indirect costs into a specific pay item or to all pay items.
Indirect costs are costs that are not directly related to a specific pay item, but are associated with the project as a whole. Examples of some indirect costs are as follows:
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| Job Superintendent |
Safety Supplies |
| Project Engineer |
Special Insurance for the Project |
| Project Office Managers |
Association Dues |
| Bond Cost |
Gross Receipts Tax |
| Construction Office Costs |
After Hours Security |
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After selecting the “Indirects/Bond” button on the Project Closing Menu, you will see a spreadsheet window allowing you to enter indirect cost items (Figure 1). The indirects list initially displayed is the “default” list. You should set up a list of generic indirect cost items and save those items as the “defaults.”
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Figure 1
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The layout of this screen is similar to the other spreadsheet style screens used in the program (Plug Prices Screen, Balance Screen, Mark-Up Codes Screen).
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In addition to simply entering the prices, there are options available from the menu.
Listed below are the different menu options available from this screen.
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Add Item
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Add a new indirect cost item to the current sheet. Figure 2 below. |
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Figure 2
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Description
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This field is used to enter the description of the new indirect cost item. You can also enter a specific labor item from the labor database. Simply click the "Labor Item" button to display a list of available labor. The hourly, weekly, or monthly rate will be calculated automatically. |
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Figure 3
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You can also enter a specific equipment item from the equipment database. See Figure 4, below. Simply click the Equipment Item button(lower left) to display a list of available equipment. The hourly, weekly, or monthly rate will be calculated automatically. You can also check the “Include Operator” button to load the operator with the equipment (if an operator has been assigned to that piece of equipment in the equipment database.)
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Figure 4
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Quantity/Unit/Unit Price
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These fields are used to enter the quantity, unit, and unit price for the indirect item. If you selected a labor or equipment item, you will only be able to change the quantity. After you have entered all of the information, press the SAVE button to add the new indirect item to the spreadsheet shown in Figure 1.
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Change Months
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This option (Figure 5) is useful to quickly change all items that are based on a number of months. For example, if a job was originally set up for 20 months and it was later determined that 18 months would be sufficient, select this option, enter 18, press Set and the quantity of all items having a unit of MOS will be changed to 18.
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Figure 5
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See also