With labor being the greatest risk in construction, a full understanding of labor components will provide the estimator with the ability to determine a project’s labor costs as accurately as possible.

Summarizing your estimate to determine the break-even and bid price can be an overwhelming task. One simple mistake could put you out of business. That's why this phase of the estimating/bidding ...

The Department of Defense (DoD) issued a final rule on July 9, 2021, requiring contractors to report annually their total labor hours and invoiced amounts for certain service contracts. Requirement ...