Margin - Revision history

Designing Buildings at 07:58, 31 May 2022

2022-05-31T07:58:52Z

← Older revision		Revision as of 07:58, 31 May 2022
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	NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.		NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.
		+
		+	[https://www.historicenvironment.scot/archives-and-research/publications/publication/?publicationId=9b3ca2e8-afcc-42ba-92c3-a59100fde12b Short Guide, Maintaining Your Home], published, on 1 November 2014 by Historic Scotland, defines margins as: ‘protruding masonry framing an opening or emphasising the angle of a building. Most are raised (usually adopted when the building was to be harled but sometimes used decoratively).’

	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =
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	* Revenue.		* Revenue.

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

Designing Buildings at 07:29, 14 April 2022

2022-04-14T07:29:49Z

← Older revision		Revision as of 07:29, 14 April 2022
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	NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.		NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.

−	= Related articles =	+	= Related articles on Designing Buildings =

	* Code of Estimating Practice.		* Code of Estimating Practice.
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	* Project overheads.		* Project overheads.
	* Relevant cost.		* Relevant cost.
		+	* Revenue.

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Designing Buildings at 08:19, 23 September 2021

2021-09-23T08:19:11Z

← Older revision		Revision as of 08:19, 23 September 2021
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	* Head office overheads.		* Head office overheads.
	* Mark-up.		* Mark-up.
		+	* Operating margin.
	* Overheads.		* Overheads.
	* Preliminaries.		* Preliminaries.

Designing Buildings at 08:16, 23 September 2021

2021-09-23T08:16:28Z

← Older revision		Revision as of 08:16, 23 September 2021
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	NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.		NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.

−	= ~~Find out more~~ =	+	= Related articles =

−	~~=== Related articles on Designing Buildings Wiki ===~~
−
−	* CIOB.
	* Code of Estimating Practice.		* Code of Estimating Practice.
−	* Cost overruns.
	* Cost planning.		* Cost planning.
		+	* Gross margin.
	* Head office overheads.		* Head office overheads.
	* Mark-up.		* Mark-up.
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	* Project overheads.		* Project overheads.
	* Relevant cost.		* Relevant cost.
−	* Tender documentation.
−	* Tender evaluation.
−	* Tender processes.
−	* Tender settlement meeting.
−	* Tender.

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Designing Buildings at 08:12, 16 October 2020

2020-10-16T08:12:51Z

← Older revision		Revision as of 08:12, 16 October 2020
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	* Tender.		* Tender.

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

Editor at 15:56, 7 August 2018

2018-08-07T15:56:51Z

← Older revision		Revision as of 15:56, 7 August 2018
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	* CIOB.		* CIOB.
	* Code of Estimating Practice.		* Code of Estimating Practice.
		+	* Cost overruns.
	* Cost planning.		* Cost planning.
	* Head office overheads.		* Head office overheads.

Editor at 16:07, 6 August 2018

2018-08-06T16:07:07Z

← Older revision		Revision as of 16:07, 6 August 2018
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	Jason Farnell, managing director of Commercial Risk Management, said; "The survey responses are communicating clearly that the ratio of risk to reward in contracting is seriously imbalanced – put simply, the margins that contractors may expect to earn from projects is insufficient compensation for the uncertainty and risk exposure they face in delivering them.”		Jason Farnell, managing director of Commercial Risk Management, said; "The survey responses are communicating clearly that the ratio of risk to reward in contracting is seriously imbalanced – put simply, the margins that contractors may expect to earn from projects is insufficient compensation for the uncertainty and risk exposure they face in delivering them.”

−	Ref http://www.constructionmanagermagazine.com/management/revealed-how-construction-margins-fail-make-risks/	+	(Ref. [http://www.constructionmanagermagazine.com/management/revealed-how-construction-margins-fail-make-risks/ http://www.constructionmanagermagazine.com/management/revealed-how-construction-margins-fail-make-risks/)]

−	NB The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.	+	NB: The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.

	= Find out more =		= Find out more =
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	* Profit and overheads on construction projects.		* Profit and overheads on construction projects.
	* Project overheads.		* Project overheads.
		+	* Relevant cost.
	* Tender documentation.		* Tender documentation.
	* Tender evaluation.		* Tender evaluation.

Designing Buildings at 16:35, 3 July 2018

2018-07-03T16:35:04Z

← Older revision		Revision as of 16:35, 3 July 2018
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	Confusingly, profit may also be referred to as a ‘profit margin’. Profit margin is the percentage of the gross revenue that represents profit.		Confusingly, profit may also be referred to as a ‘profit margin’. Profit margin is the percentage of the gross revenue that represents profit.

−	The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.	+	A report published in July 2018 by Construction Manager and Commercial Risk Management found a worrying gap between the margins construction professionals think they should be earning and what they actually earn. For example, nearly two-thirds of respondents said they would expect the appropriate profit margin for a main contractor under a design-and-build contract should be above 5%. In fact this is well above the average achieved in the industry.
		+
		+	Jason Farnell, managing director of Commercial Risk Management, said; "The survey responses are communicating clearly that the ratio of risk to reward in contracting is seriously imbalanced – put simply, the margins that contractors may expect to earn from projects is insufficient compensation for the uncertainty and risk exposure they face in delivering them.”
		+
		+	Ref http://www.constructionmanagermagazine.com/management/revealed-how-construction-margins-fail-make-risks/
		+
		+	NB The term ‘mark up’ refers to the sum added to a cost estimate to arrive at a tender sum, including margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition.

	= Find out more =		= Find out more =

Editor at 17:05, 5 January 2018

2018-01-05T17:05:28Z

← Older revision		Revision as of 17:05, 5 January 2018
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	* Preliminaries.		* Preliminaries.
	* Procurement.		* Procurement.
		+	* Profit.
	* Profit and overheads on construction projects.		* Profit and overheads on construction projects.
	* Project overheads.		* Project overheads.

Editor at 13:19, 5 January 2018

2018-01-05T13:19:30Z

← Older revision		Revision as of 13:19, 5 January 2018
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	* Head office overheads.		* Head office overheads.
	* Mark-up.		* Mark-up.
		+	* Overheads.
	* Preliminaries.		* Preliminaries.
	* Procurement.		* Procurement.