Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...

Overhead expenses – the ongoing costs associated with running a business – are different for construction companies than for a firm operating in any other industry. The nature of construction ...

Cost plus fee contract: In this case, the contractor receives payment for all direct costs plus a fixed fee to cover profit and overhead. With this type of arrangement, the contractor wants to ...

Overhead allocation in construction is a way to share costs across multiple jobs. Why on earth would you do that? Simple: these are the costs your projects share responsibility for anyway — they ...

The agreement allows SGBX to pivot to a much lower cost structure as it relates to overhead. Cash SG&A will be reduced 50% to just $2 million annually. SG Blocks retains its right to construction ...