Estimate Global Markup Templates

Global Markups are usually percentage adjustments on estimate cost items. If Global Markups are common from estimate to estimate, then creating a template library will be beneficial since they can be imported rather than having to type them in manually every time. This also improves consistency within an estimating department's operations.

For more information on Global Markups, please click here.

Data Entry Steps

1. Login to Corecon as an Admin.
2. Click Settings (Gear Icon) at the top of the Main Menu.
3. Click Templates and Reports | Estimate Markup Templates.
4. Click the 'Add' button to view the details form.
5. Enter the Item # (for sorting), Markup Description, and Markup Type.
6. Enter the Percentage (5% = 5) or Amount/Percentage for Step Bond Calculations.
7. Include In Cost: Check this field if the markup amount should be included in the cost budget as well as the proposal amount. Bonding or material sales tax would be example markups where this field would be checked.
8. Distribute or Hide Markup: If this field is checked the calculated global markup amount will be distributed proportionally across the estimate sections. Otherwise, the markup will be shown as a separate line item at the bottom of the proposal.
9. Resources To Markup: Corecon has five built-in resources: materials, labor, equipment, sub and other. For example, estimate line items can have separate cost and proposal rates for each resource. When calculating the global markup, resources that are selected or checked will be included. In addition, previous markups (determined by the item number) can be included in the amount that the markup is being calculated on.
10. Click the 'Save' button.