Figuring out your overhead percentage

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Tyrone Jones, Director/Instructor
Tyrone Jones is a licensed California contractor that holds classifications of A License, B License, C-08 License and past owner of several partnered construction companies throughout California.

His background includes working as a labor moving to working foreman to coordinator to superintendent to Owner of his first construction company. As owner he also offered his services as a consultant to other larger contractors. As Tyrone decided to settle down within the establish businesses he wanted to do more consulting and helping in the industry. So he focus his attention on managing several companies and building the school you see now.

As a Teacher, Mentor, Business Owner, Contractor, and present Director of the Construction Entrepreneurs Schools, he brings enthusiasm, practical experience, a vast knowledge of construction, and years of estimating and teaching experience to thousands of construction professionals.

Thank you for watching this video. I hope that you keep up with the videos I post on the channel, subscribe, and share your learnings with those that need to hear it.
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[mikejr]

Nice breakdown👏🏻🫡! I know I'm a little late to the party, but do you still have your spreadsheet available? Thanks.

[franciscogallardo]

Great video. I have a question. Let's say I'm pricing a construction jobsite, I get labor and material cost. Then add the overhead cost as a margin.

[ericanderson]

Thanks! line item 21 and 22 numbers are hilarious. But true. What a world dude.

[Checkmate]

So I have a question. How do you apply that 19.33% to your estimate? Do you use it directly as a markup, or do you use the margin method? Thanks.

[leonelramirez]

Thx for class. Can you do an excel sheet class

[francispadriga]

How many percent is overhead contingency and miscellaneous OCM cost from direct cost?

[phillywood]

Not a good video at all. You spent too much time with unnecessary information. At the end you pushed out a number not explaining how you derived that number and even worse how to apply it in the estimate. I was very disappointed, I wonder how many persons started listening to this and just skipped to something else.