
Calculating Your Markup, Part 2 Note that costs listed in GetAQuote do not include the general contractor's markup. However, sections identified as "subcontract" include the subcontractor's markup. Here’s how to calculate markup:
Markup is $25,000 which is 25% of the total job costs ($100,000) but only 20% of the contract price ($25,000 divided by $125,000 is .20). Here's an example using 19.87% markup on a larger commercial or industrial project:
The total job cost shown above includes work done with the general contractor’s crew and work done by subcontractorspecialists. Note that markup for this general contractor (overhead, including supervision expense, contingency and profit) is $2,480,000. This amounts to 24.8% of the total job costs but only 19.87% of the contract price (2,480,000 divided by 12,480,000 is 0.1987). < Calculating Your Markup, Part 1

