I was hoping that the reachback community would be able to help me with the theory of how to apply %’s on the example I have below.
Contract is NEC ECC Option A
Direct Fee is 9.5%
Subcontracted Fee is 9.5%
Working Area is “The site”
Data for Shorter Schedule of cost components (SCoCC) is:
People overheads 16%
Equipment Adjustment n/a
Design Overheads 15%
The Contractor has submitted a quote and within this quote there are:
The contractors Defined cost in line with the SCoCC mainly:
- People cost.
- Materials cost.
The subcontractors defined cost in line with the SCoCC mainly:
- People cost
- Design costs.
My question to the community is, which percentages apply to each area of the contractor’s quotation?
I’m sure I will have follow up questions but any help on the above will be greatly appreciated.