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 work – ...

Editor’s note: The authors are CPAs and partners at Baker Tilly Virchow Krause. Overhead: It’s a term sometimes so fraught with complexity that it can almost seem like a dirty word. But for many ...

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 ...

The goal in business is not to stay in business or keep your crews busy. The goal of business is to always make a profit. According to a Construction Financial Management Association study, companies ...

Never, never use a single metric to draw conclusions. It takes three or four to produce a sound conclusion. Look at cost, but also look at equipment reliability, staffing, basic practices in use, and ...

Every now and then, you must be controversial and address a subject where your beliefs run counter to common practice. Overhead and overhead-cost recovery is one of these subjects. The controversy has ...

Special order manufacturers and construction companies often assign direct and indirect expenses using job-order costing. A main reason is that assigning expenses on a per-job basis makes production ...

Understand how to calculate the construction cost in 2026. Explore the 7 proven steps to estimate the construction cost and ...