vault backup: 2025-11-11 17:19:52
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@@ -33,3 +33,26 @@ facts of our role:
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In these ways we're actually more like court
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wizards than artists, which is an understandably
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desirable position.
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## 2025-11-11 14:41
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I just saw a post on a construction estimators forum
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from a user lamenting that their coworkers and customers
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largely do not understand the difference between markup and margin.
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It made me remember the micro-debates about that I would have with Dale
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every time we were closing out an estimate.
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This is the example I would always give
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while trying to explain it to him.
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![[markup-vs-margin]]
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***
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The user also stated that they would prefer to list overhead and profit
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separately from scope line item costs,
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but that their customers push back when they try.
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I'm not sure where they got this preference.
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Sure that would be more "transparent",
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but it's at odds with the purpose of a breakdown.
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@@ -38,9 +38,11 @@ Match Fire Alarm takeoff Length and Count
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### Stairwell Riser Every 2 Floors
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`Area` = "Typical - Building Even Levels"
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`COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`STAIRWELL RISER EVERY 2 FLRS = ...`
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> [!info] Takeoff
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> * `Area` = "Typical - Building Even Levels"
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>
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> 1. `COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`STAIRWELL RISER EVERY 2 FLRS = ...`
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> * **Count** = Each stairwell
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### FACR to Electric Room
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@@ -56,9 +58,9 @@ Takeoff in every Electric Room
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### Top 2H Rated Room To Roof
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`COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`TOP 2HR RATED RM TO ROOF = ...`
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* **Length** = 15ft or height of ceiling on last building level
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> [!info] Takeoff
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> 1. `COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`TOP 2HR RATED RM TO ROOF = ...`
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> * **Length** = 15ft or height of ceiling on last building level
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## Horizontal
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@@ -66,6 +68,6 @@ Takeoff in every Electric Room
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> Usually only for cellular DAS.
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> Confirm takeoff requirement with [[pdi-estimating#Bid Estimating|Bid]].
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`COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`CORRIDORS ...`
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* **Length** = Length measured for every corridor/garage
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> [!info] Takeoff
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> 1. `COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`DAS ASSEMBLIES`/`CORRIDORS ...`
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> * **Length** = Length measured for every corridor/garage
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@@ -58,7 +58,7 @@ For each Elevator Control Room (ECR):
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`COMMON ASSEMBLIES`/`FIRE ALARM & DAS SYSTEMS`/`GEN, ELEV, FIRE PUMP & FA ROOM ASSEMBLIES`/`FACR TO ELEV CONTROL RM ...`
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* **Length** = Length measured from the most distant points of the FACR and ECR.
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* Input adder length to reach the level of the ECR (Minimum 15ft).
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* Input adder length to reach the level of the ECR (Minimum 15ft).
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### Elevator Shafts
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@@ -237,7 +237,7 @@ Create its own breakout in WBS, and phase in Accubid
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## Site & Courtyard
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> [!important]
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> Coordinate with landscape
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> Coordinate with landscape drawings
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### Breakdowns
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@@ -245,7 +245,8 @@ Create its own breakout in WBS, and phase in Accubid
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### Pole Lights
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`FIXTURE ACCESSORIES`/`SITE POLE ASSEMBLIES`/...
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> [!info] Takeoff
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> 1. `FIXTURE ACCESSORIES`/`SITE POLE ASSEMBLIES`/...
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Add subassemblies for stub-outs, pole, base, and grounding as appropriate.
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@@ -256,9 +257,12 @@ Add subassemblies for stub-outs, pole, base, and grounding as appropriate.
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> * market lighting
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> * catenary lighting
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> [!info] Takeoff
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> 1. `FIXTURE LABOR`/`FIXTURE LABOR 2HR`
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>
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> 2. `FESTOON & ROOF ASSEMBLIES`/`FESTOON CABLE HANGER & EYE BOLTS - LENGTH`
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> * **Length per Unit** = Light string length
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>
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> 3. `COURTYARDS & LANDSCAPE`/`ALUM BOX W/ FLEX FIX, 3/4" CONDUIT - PVC40 - ...`
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> * **Length per Unit** = Distance to panel + 15ft
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@@ -273,9 +277,10 @@ Add subassemblies for stub-outs, pole, base, and grounding as appropriate.
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| Fixtures built into cabanas/pergolas | .../`ALUM BOX W/ FLEX FIX, 3/4" CONDUIT - PVC40 - ...` |
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| Handrail light | .../`ALUM BOX W/ FLEX FIX, 3/4" CONDUIT - PVC40, IMC ELBOW - ...` |
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[^2]: If we don't own concrete, delete Pre-cast bollard base from assembly
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[^2]: If we don't own concrete, delete pre-cast bollard base from assembly
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## FAA Lighting
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> [!info] Takeoff
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> 1. `FIXTURE LABOR`/`FIXTURE LABOR 1HR`
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> 2. `FESTOON & ROOF ASSEMBLIES`/`Aircraft Warning, 3/4" Conduit GRC/PVC 2#10, 1#10G`
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@@ -0,0 +1,29 @@
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---
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id:
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aliases: []
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tags: []
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title: Markup vs. Margin
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---
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# Markup vs. Margin
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$$
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\text{Profit} = \text{Sell Price} - \text{Cost}, \quad
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\text{Markup} = \frac{\text{Profit}}{\text{Cost}}, \quad
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\text{Margin} = \frac{\text{Profit}}{\text{Sell Price}}
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$$
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Suppose a product that
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* costs $80 to produce
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* is sold for $100
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$$
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\text{Profit} = 100 - 80 = 20, \quad
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\text{Markup} = \frac{20}{80} = 25\%, \quad
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\text{Margin} = \frac{20}{100} = 20\%
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$$
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Because of \*waves hands\* finance reasons,
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contractors (and sellers of products and services in general)
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almost exclusively talk about profit in terms of margin.
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Even if someone says "15% _markup_"
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they're still probably talking about margin.
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@@ -0,0 +1,5 @@
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# Uncommon Syntax
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* **i.e.** --- _id est_ ("that is")
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* **e.g.** --- _exempli gratia_ ("for example")
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+12
-11
@@ -55,17 +55,18 @@ Used in lieu of individual split systems.
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### Dedicated Circuit Receptacles
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For N5-15R/N5-20R receptacles serving fixed equipment such as:
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* refrigerators
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* gas ranges
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* microwaves
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* clothes washers
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* hood fans
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use single receptacle assemblies, even where shown as duplex.
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`COMMON ASSEMBLIES`/`UNITS - MC CABLE ASSEMBLIES`/`KITCHEN & BATH ASSEMBLIES - METAL STUD`/`SGL REC ...`
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> [!quote] Joel Jansen 2025-11-11, pp.
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>
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> For N5-15R/N5-20R receptacles serving fixed equipment such as:
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>
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> * refrigerators
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> * gas ranges
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> * microwaves
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> * clothes washers
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> * hood fans
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>
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> match the receptacle configuration shown on the plans
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> (i.e. simplex to simplex, duplex to duplex).
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### Air Sealing
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