Building Fully Burdened Labor Rates

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This course will cover how to develop a competitive pricing model for your pricing proposal by calculating cost, determining profits, calculating escalation pricing, the government’s assessment of fair and reasonable, and comparing that to what is truly fair in the market. Many costs need to be taken into account when developing your proposal. This course will walk you through an example of how to price different elements and how to be competitive as well as compliant.

What you’ll learn.

  • How to build rates
  • Understand costs
  • How to determine your fee
  • How to calculate cost burdens, bid rates, and overtime