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Construction · Pricing

Bid Price

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Use this to turn material and labor cost into a bid price by adding a markup for overhead and profit.

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Job quote

(Material + Labor) * (1 + Markup% / 100)

$10,000 of cost with a 25% markup is a $12,500 bid.

Check your inputs before you rely on the result — calculations are informational only and depend entirely on the numbers you enter. See our Terms.

Variables and units

  • Material Cost

    Total material cost for the job.

    currency

  • Labor Cost

    Total labor cost for the job.

    currency

  • Markup

    Markup for overhead and profit.

    percent

Common mistakes

  • Marking up labor only.
  • Setting markup below true overhead.

Step-by-step example

Job quote

$10,000 of cost with a 25% markup is a $12,500 bid.