Head office overheads - Revision history

Designing Buildings at 06:11, 7 October 2020

2020-10-07T06:11:39Z

← Older revision		Revision as of 06:11, 7 October 2020
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	* Variations.		* Variations.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]]

Editor at 18:07, 23 May 2019

2019-05-23T18:07:12Z

← Older revision		Revision as of 18:07, 23 May 2019
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	{\|		{\|
−	~~\|width="100%"~~\| ...the incidental costs of running the Contractor’s business as a whole and include indirect costs which cannot be directly allocated to production, as opposed to direct costs which are the costs of production. Amongst other things, these overheads may include such things as rent, rates, directors’ salaries, pension fund contributions and auditors’ fees. In accountancy terms, head office overheads are generally referred to as administrative expenses, whereas the direct costs of production are referred to as costs of sales.	+	\| ...the incidental costs of running the Contractor’s business as a whole and include indirect costs which cannot be directly allocated to production, as opposed to direct costs which are the costs of production. Amongst other things, these overheads may include such things as rent, rates, directors’ salaries, pension fund contributions and auditors’ fees. In accountancy terms, head office overheads are generally referred to as administrative expenses, whereas the direct costs of production are referred to as costs of sales.
	\|}		\|}

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	* Claims.		* Claims.
	* Consequential loss.		* Consequential loss.
		+	* Direct cost.
	* How to calculate head office overheads and profit.		* How to calculate head office overheads and profit.
	* Loss and expense.		* Loss and expense.

Designing Buildings at 07:35, 18 March 2019

2019-03-18T07:35:22Z

← Older revision		Revision as of 07:35, 18 March 2019
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	{\|		{\|
−	\| ...the incidental costs of running the Contractor’s business as a whole and include indirect costs which cannot be directly allocated to production, as opposed to direct costs which are the costs of production. Amongst other things, these overheads may include such things as rent, rates, directors’ salaries, pension fund contributions and auditors’ fees. In accountancy terms, head office overheads are generally referred to as administrative expenses, whereas the direct costs of production are referred to as costs of sales.	+	\|width="100%"\| ...the incidental costs of running the Contractor’s business as a whole and include indirect costs which cannot be directly allocated to production, as opposed to direct costs which are the costs of production. Amongst other things, these overheads may include such things as rent, rates, directors’ salaries, pension fund contributions and auditors’ fees. In accountancy terms, head office overheads are generally referred to as administrative expenses, whereas the direct costs of production are referred to as costs of sales.
	\|}		\|}
		+
		+	See also: How to calculate head office overheads and profit.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	* Claims.		* Claims.
	* Consequential loss.		* Consequential loss.
		+	* How to calculate head office overheads and profit.
	* Loss and expense.		* Loss and expense.
	* Margin.		* Margin.

Designing Buildings at 07:24, 18 March 2019

2019-03-18T07:24:41Z

← Older revision		Revision as of 07:24, 18 March 2019
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	\|}		\|}

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* CIOB.		* CIOB.

Designing Buildings at 07:24, 18 March 2019

2019-03-18T07:24:09Z

← Older revision		Revision as of 07:24, 18 March 2019
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	{\|		{\|
−	\|The incidental costs of running a business as a whole. They are ‘indirect costs’ that cannot be directly allocated to production, as opposed to ‘direct costs’ which are the costs of production. Among other things, overheads may include rent, rates, director’s salaries, pension fund contributions and auditor’s fees. In accountancy, head office overheads are generally referred to as ‘administrative expenses’ whereas the direct costs of production are referred to as ‘cost of sales’. The apportionment of head office overheads to individual projects or as a percentage of company turnover is decided by management as part of a management policy.	+	\| The incidental costs of running a business as a whole. They are ‘indirect costs’ that cannot be directly allocated to production, as opposed to ‘direct costs’ which are the costs of production. Among other things, overheads may include rent, rates, director’s salaries, pension fund contributions and auditor’s fees. In accountancy, head office overheads are generally referred to as ‘administrative expenses’ whereas the direct costs of production are referred to as ‘cost of sales’. The apportionment of head office overheads to individual projects or as a percentage of company turnover is decided by management as part of a management policy.
	\|}		\|}

	--[[User:CIOB\|CIOB]]		--[[User:CIOB\|CIOB]]
		+
		+	NB The Society of Construction Law Delay and Disruption Protocol, 2nd edition, February 2017, published by the Society of Construction Law (UK) defines head office overheads in very similar terms as:
		+
		+	{\|
		+	\| ...the incidental costs of running the Contractor’s business as a whole and include indirect costs which cannot be directly allocated to production, as opposed to direct costs which are the costs of production. Amongst other things, these overheads may include such things as rent, rates, directors’ salaries, pension fund contributions and auditors’ fees. In accountancy terms, head office overheads are generally referred to as administrative expenses, whereas the direct costs of production are referred to as costs of sales.
		+	\|}

	= Find out more =		= Find out more =

Editor at 13:19, 5 January 2018

2018-01-05T13:19:15Z

← Older revision		Revision as of 13:19, 5 January 2018
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	* Loss and expense.		* Loss and expense.
	* Margin.		* Margin.
		+	* Overheads.
	* Preliminaries.		* Preliminaries.
	* Prime cost contract.		* Prime cost contract.

Designing Buildings at 13:57, 1 January 2017

2017-01-01T13:57:03Z

← Older revision		Revision as of 13:57, 1 January 2017
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	* Consequential loss.		* Consequential loss.
	* Loss and expense.		* Loss and expense.
		+	* Margin.
	* Preliminaries.		* Preliminaries.
	* Prime cost contract.		* Prime cost contract.

Designing Buildings at 11:25, 12 December 2016

2016-12-12T11:25:34Z

← Older revision		Revision as of 11:25, 12 December 2016
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	According to The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009, head office overheads are:		According to The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009, head office overheads are:

−	The incidental costs of running a business as a whole. They are ‘indirect costs’ that cannot be directly allocated to production, as opposed to ‘direct costs’ which are the costs of production. Among other things, overheads may include rent, rates, director’s salaries, pension fund contributions and auditor’s fees. In accountancy, head office overheads are generally referred to as ‘administrative expenses’ whereas the direct costs of production are referred to as ‘cost of sales’. The apportionment of head office overheads to individual projects or as a percentage of company turnover is decided by management as part of a management policy.	+	{\|
		+	\|The incidental costs of running a business as a whole. They are ‘indirect costs’ that cannot be directly allocated to production, as opposed to ‘direct costs’ which are the costs of production. Among other things, overheads may include rent, rates, director’s salaries, pension fund contributions and auditor’s fees. In accountancy, head office overheads are generally referred to as ‘administrative expenses’ whereas the direct costs of production are referred to as ‘cost of sales’. The apportionment of head office overheads to individual projects or as a percentage of company turnover is decided by management as part of a management policy.
		+	\|}

	--[[User:CIOB\|CIOB]]		--[[User:CIOB\|CIOB]]
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* CIOB.
	* Claims.		* Claims.
	* Consequential loss.		* Consequential loss.

Designing Buildings: Created page with "According to The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009, head office overheads are: The incidental costs o..."

2016-12-12T11:24:58Z

Created page with "According to The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009, head office overheads are: The incidental costs o..."

New page

According to The Code of Estimating Practice, seventh edition, published by the Chartered Institute of Building (CIOB) in 2009, head office overheads are:

The incidental costs of running a business as a whole. They are ‘indirect costs’ that cannot be directly allocated to production, as opposed to ‘direct costs’ which are the costs of production. Among other things, overheads may include rent, rates, director’s salaries, pension fund contributions and auditor’s fees. In accountancy, head office overheads are generally referred to as ‘administrative expenses’ whereas the direct costs of production are referred to as ‘cost of sales’. The apportionment of head office overheads to individual projects or as a percentage of company turnover is decided by management as part of a management policy.

--[[User:CIOB|CIOB]]

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Claims.
* Consequential loss.
* Loss and expense.
* Preliminaries.
* Prime cost contract.
* Prime cost sum.
* Profit and overheads on construction projects
* Relevant events.
* Tender.
* Variations.

[[Category:Cost_/_business_planning]]