Full TGIF Record # 138223
Item 1 of 1
Web URL(s):http://grounds-mag.com/mag/grounds_maintenance_cutting_yourself_short/
    Last checked: 08/05/2008
Publication Type:
i
Trade
Author(s):Nilsson, Phil
Author Affiliation:Green Industry Consultant, Connecticut
Title:Cutting yourself short?: Be sure you have your costs covered before submitting your bid
Source:Grounds Maintenance. Vol. 38, No. 11, November 2003, p. 12-14, 16, 18.
Publishing Information:Overland Park, KS: Intertec Publishing Corporation
# of Pages:5
Keywords:TIC Keywords: Costs; Contract services; Bidding process; Cost efficiency; Personal management; Business management; Labor costs
Abstract/Contents:Suggests that "determining job cost is the first step to intelligent bidding and estimating. Mastering the skills of estimating is [the] best defense to help ensure that [one does] not overbid or underbid [their] work." Explains that "all businesses incur three kinds of cost: direct costs, indirect costs and overhead costs. The direct costs are those expenses that happen because labor was applied, equipment and vehicles were put into action, materials were used and work was done...Indirect costs follow or tag-along with direct labor and include payroll taxes, employee benefits, insurance, fuel consumption, depreciation, repairs and other on-the-job costs...Overhead costs include any expenses that support the operation of a business." States that "a good understanding of how much work will be required along with realistic labor time hour standards are the two measurements [needed] to bid based on cost." Mentions that "overhead costs have less impact and represent a far lower total expense group than direct or indirect expenses."
Language:English
References:0
Note:Pictures, color
Graphs
ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete):
Nilsson, P. 2003. Cutting yourself short?: Be sure you have your costs covered before submitting your bid. Grounds Maint. 38(11):p. 12-14, 16, 18.
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Web URL(s):
http://grounds-mag.com/mag/grounds_maintenance_cutting_yourself_short/
    Last checked: 08/05/2008
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MSU catalog number: SB 469 .G7
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