Cost Markup

The Work program's Cost Markup feature enables users to apply additional charges or overhead costs to the use of a Work Order Resource. For example: The City is installing a new sewer main and has ordered 100 feet of 48" diameter concrete pipe. The pipe costs $5,000, along with a delivery charge of $10 per foot. The agency adds a $1,000 Cost Markup to the Material Resource record for the pipe to account for the delivery charge.

More information about Cost Markups

Cost Markup Grid

The Cost Markup grid for Work Order > Material Resource records lists cost markups that are applied as a group. Users can add records to this list individually or load items from the Cost Markup Library.

Using Grids >> Grid Tools >> Editable Grids >> Using Forms >>

How to add a Cost Markup to a single Material Resource

How to load Cost Markup(s) from the Library

How to add a Cost Markup to multiple Work Order Resources

 

Cost Markup Record Fields

Percentage

Applies a fraction of the Resource's cost to the Total Cost as a markup.

  • Enter a number. The system will divide this number by 100 for all calculations.

Flat Rate

Applies a set amount as a markup.

Calculate On

Controls how the system applies the Flat Rate markup.

  • 1|Units - Multiplies the Flat Rate by the Resource's Units value to calculate the markup.
  • 2|Subtotal - Adds the Flat Rate as a fixed value.

New Unit Cost Add-on

Displays the amount added per Unit. If the Markup method was:

  • Percentage= (Percentage/100) x Resource's Unit Cost
  • Fixed Rate on Unit - Displays the Flat Rate.
  • Fixed Rate on Subtotal - N/A.

Total Cost Markup

Indicates the amount that this Markup record will add to the Resource's Cost Markup value. If the Markup method was:

  • Percentage= New Unit Cost Add-on x Resource's Units
  • Fixed Rate on Unit= Flat Rate x Units
  • Fixed Rate on Subtotal - Displays the Flat Rate.

Note: When Total Cost Markup > Not To Exceed, the Not To Exceed value will replace the Total Cost Markup.

This value is rolled into the Cost Markup value on the Work OrderResource record.

Not To Exceed

Identifies a limit at which this Cost Markup will be capped.

When Total Cost Markup > Not To Exceed, the Not To Exceed value will replace the Total Cost Markup.