Workforce

The Value of Burden: Accounting for Indirect Cost Improves Performance and Profitability

Ensuring that the project estimating team can predict both direct and indirect costs secures more efficient bids. The company will then have more accurate data to predict the profit the job will actually return once fully burdened.
By Robert Mercado and Adam Canosa
March 21, 2019
Topics
Workforce
by Robert Mercado

Robert Mercado, CPA, CCIFP, is based in Marcum’s New Haven, Conn. Office, where he specializes in conducting, reviewing and analyzing financial information for construction contractors, manufacturers and service corporations. Marcum LLP’s Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. Marcum LLP's Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises and publishes the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLT Survey Analysis of construction employment trends--and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.

 

by Adam Canosa
Adam Canosa, CPA, MBA, is a senior manager in the Assurance Services Division of Marcum LLP’s New England and Nashville offices. He has more than 10 years of experience working with construction contractors, manufacturers, the real estate industry and employee benefit plans.

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