Installing Contractor’s Overhead & Profit

Below are the average installing contractor’s percentage markups Columns D and E: Percentages in Columns D and E are based on
applied to base labor rates to arrive at typical billing rates. the presumption that the installing contractor has annual billing
Column A: Labor rates are based on union wages averaged for 30 of $4,000,000 and up. Overhead percentages may increase with
major U.S. cities. Base rates, including fringe benefits, are listed smaller annual billing. The overhead percentages for any given
hourly and daily. These figures are the sum of the wage rate and contractor may vary greatly and depend on a number of factors
RSMeans data Goes Wherever the Project Takes You. employer-paid fringe benefits such as vacation pay, employer-
paid health and welfare costs, and pension costs, plus appropriate
such as the contractor’s annual volume, engineering and logistical
support costs, and staff requirements. The figures for overhead
training and industry advancement funds costs. and profit will also vary depending on the type of job, the job

On the Jobsite.
Column B: Workers’ compensation rates are the national average location, and the prevailing economic conditions. All factors
of state rates established for each trade. should be examined very carefully for each job.
Column C: Column C lists average fixed overhead figures for all Column F: Column F lists the total of Columns B, C, D, and E.

In the Office.
trades. Included are federal and state unemployment costs set Column G: Column G is Column A (hourly base labor rate)
at 8%; social security taxes (FICA) set at 7.65%; builder’s risk multiplied by the percentage in Column F (O&P percentage).
insurance costs set at 0.80%; and public liability costs set at Column H: Column H is the total of Column A (hourly base labor
2.02%. All percentages, except those for social security taxes, rate) plus Column G (Total O&P).

Or Anywhere in Between. vary from state to state as well as from company to company. Column I: Column I is Column H multiplied by eight hours.

A
A BB CC DD E
E FF G
G HH II
Base Rate Work- Average Total Rate with
Incl. Fringes ers’ Fixed Overhead & Profit O&P
Comp. Over- Over-
Abbr. Trade Hourly Daily Ins. head head Profit % Amount Hourly Daily
Skwk Skilled Workers Average (35 trades) $61.25 $490.00 8.7% 18.5% 13.0% 10% 50.2% $30.75 $ 92.00 $ 736.00
Helpers Average (5 trades) 44.95 359.60 11.7 11.0 51.2 23.00 67.95 543.60
Foreman Average, Inside ($0.50 over trade) 61.75 494.00 8.7 13.0 50.2 31.00 92.75 742.00
Foreman Average, Outside ($2.00 over trade) 63.25 506.00 8.7 13.0 50.2 31.75 95.00 760.00
Clab Common Building Laborers 47.25 378.00 9.4 11.0 48.9 23.10 70.35 562.80
Asbe Asbestos/Insulation Workers/Pipe Coverers 65.25 522.00 8.5 16.0 53.0 34.55 99.80 798.40
Boil Boilermakers 71.80 574.40 4.8 16.0 49.3 35.40 107.20 857.60
Bric Bricklayers 57.50 460.00 10.7 11.0 50.2 28.85 86.35 690.80
Brhe Bricklayer Helpers 46.65 373.20 10.7 11.0 50.2 23.40 70.05 560.40
Carp Carpenters 58.60 468.80 9.4 11.0 48.9 28.65 87.25 698.00
Cefi Cement Finishers 55.00 440.00 6.8 11.0 46.3 25.45 80.45 643.60
Elec Electricians 67.35 538.80 4.1 16.0 48.6 32.75 100.10 800.80
Elev Elevator Constructors 96.60 772.80 3.5 16.0 48.0 46.40 143.00 1144.00
Eqhv Equipment Operators, Crane or Shovel 66.30 530.40 6.3 14.0 48.8 32.35 98.65 789.20
Eqmd Equipment Operators, Medium Equipment 63.05 504.40 6.3 14.0 48.8 30.75 93.80 750.40
Eqlt Equipment Operators, Light Equipment 59.70 477.60 6.3 14.0 48.8 29.15 88.85 710.80
Eqol Equipment Operators, Oilers 56.40 451.20 6.3 14.0 48.8 27.50 83.90 671.20
Eqmm Equipment Operators, Master Mechanics 66.40 531.20 6.3 14.0 48.8 32.40 98.80 790.40
Glaz Glaziers 56.05 448.40 9.1 11.0 48.6 27.25 83.30 666.40
Lath Lathers 58.45 467.60 6.5 11.0 46.0 26.85 85.30 682.40
Marb Marble Setters 57.05 456.40 10.6 11.0 50.1 28.55 85.60 684.80
Mill Millwrights 62.85 502.80 5.0 11.0 44.5 27.95 90.80 726.40
Mstz Mosaic & Terrazzo Workers 55.25 442.00 6.6 11.0 46.1 25.45 80.70 645.60
Pord Painters, Ordinary 49.65 397.20 8.7 11.0 48.2 23.90 73.55 588.40
Psst Painters, Structural Steel 51.20 409.60 20.1 11.0 59.6 30.55 81.75 654.00
Pape Paper Hangers 50.50 404.00 8.7 11.0 48.2 24.35 74.85 598.80
Pile Pile Drivers 60.50 484.00 10.2 16.0 54.7 33.10 93.60 748.80
Plas Plasterers 53.35 426.80 9.1 11.0 48.6 25.95 79.30 634.40
Plah Plasterer Helpers 47.55 380.40 9.1 11.0 48.6 23.10 70.65 565.20
Enjoy the convenience of accessing Plum
Rodm
Plumbers
Rodmen (Reinforcing)
72.05
64.55
576.40
516.40
4.6
6.8
16.0
14.0
49.1
49.3
35.40
31.85
107.45
96.40
859.60
771.20
all the costs you need with advanced Rofc
Rots
Roofers, Composition
Roofers, Tile & Slate
51.80
51.80
414.40
414.40
22.6
22.6
11.0
11.0
62.1
62.1
32.15
32.15
83.95
83.95
671.60
671.60

estimating tools to build thorough

Rohe Roofers, Helpers (Composition) 38.85 310.80 22.6 11.0 62.1 24.10 62.95 503.60
Shee Sheet Metal Workers 70.15 561.20 6.2 16.0 50.7 35.55 105.70 845.60

construction cost estimates in one

Spri Sprinkler Installers 70.80 566.40 4.8 16.0 49.3 34.90 105.70 845.60
Stpi Steamfitters or Pipefitters 72.55 580.40 4.6 16.0 49.1 35.65 108.20 865.60
Ston Stone Masons 58.45 467.60 10.6 11.0 50.1 29.25 87.70 701.60
powerful platform. Sswk
Tilf
Structural Steel Workers
Tile Layers
64.55
55.30
516.40
442.40
11.5
6.6
14.0
11.0
54.0
46.1
34.85
25.50
99.40
80.80
795.20
646.40
Tilh Tile Layers Helpers 44.50 356.00 6.6 11.0 46.1 20.50 65.00 520.00
Trlt Truck Drivers, Light 52.90 423.20 9.9 11.0 49.4 26.10 79.00 632.00
Trhv Truck Drivers, Heavy 55.45 443.60 9.9 11.0 49.4 27.40 82.85 662.80
Sswl Welders, Structural Steel 64.55 516.40 11.5 14.0 54.0 34.85 99.40 795.20
Wrck *Wrecking 47.25 378.00 11.6 11.0 51.1 24.10 71.35 570.80
To learn more, visit [Link]/demo.
 

*Not included in averages Building Construction Costs with RSMeans data

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