TSP 2015 / OCT 24-27 / Savannah, GA Go to TSP 2016 »


The Mystery of Overhead Burden Rates & Profits

David Rudnik
President, Rudnik Surety, Inc.

This session will review the two cost components of “Overhead”  and how the burden rate varies due to changes in revenue.  Properly allocating Overhead costs into Indirect Job Costs and Administrative Costs (G&A) sections has three important impacts for a contractor: Increased accuracy in bid estimating, improved Change Order pricing, better recovery on impact claims.