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You are estimating the construction of a fire partition that is 10 tall and 30 long. Studs are placed 16 on center, there is a
- You are estimating the construction of a fire partition that is 10 tall and 30 long. Studs are placed 16 on center, there is a single plate top and bottom, and both sides are covered with gypsum wallboard. Assume that you will require 2 roll2 of finishing tape and one 5 pound box of 2 drywall screws per 8 length of wall and you will need one 675 lb bucket of joint compound.
Labor costs will be estimated as follows:
- Framing labor is 2 crew hours per 10 length of wall.
- Finishing labor is 4 crew hours per 10 length of wall.
The labor crew is composed of 2 laborers each making a base salary of $15.45 per hour. Their FICA is 6.8% of their wages, Medicare tax is 1.45% of the wages, unemployment insurance is 5% of their annual salary, and other overhead (retirement, insurance, etc.) is 34% of their salary. They also have a uniform allotment of $500 per year.
- Assuming a 40 hour work week for 50 weeks per year, what is the loaded labor cost per hour for the two man crew.
- Using online sources, provide an in depth estimate of direct cost for the work to be completed. Make sure your estimate includes the appropriate columns.
- Using the above estimate, add 10% for overhead expenses and 7% for profit to determine the amount of the final bid you will provide to the client.
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