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Part II: Deciding on a Construction Bidding Budget

January 16 @ 10:00 am - 11:00 am CST

Many construction companies are bidding too low to get federal contracts and struggle with the cost. If you want to craft winning bids that balance profitability and competitiveness, you need to understand your costs, budget formulation, considering labor, materials, equipment costs, and more. In this session, Ying Sa from Community CPA will discuss how you’d decide on your bidding price from an accounting point of view. Considering overhead and the costs you will incur, this session will work backwards to figure out your profit margins so you can set a price that works.

Please consider registering for Part I: Accounting Practices for Construction to get the most out of this presentation.

For more event details, contact Mary Zimmerman at [email protected].

Website:
https://www.ciras.iastate.edu/events-workshops/

Details

Date:
January 16
Time:
10:00 am - 11:00 am CST
Event Categories:
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Venue

Online Event

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