Tutorial 04

Build a unit price, cost by cost

Open a line's cost build-up, add what the work really costs, and watch overhead, margin and tax turn it into a unit price.

All tutorialsAbout 5 minutesWhere: Bid builder → a line item
  1. 1

    Open the cost build-up

    Click a line item, or press = while you're on it. The build-up opens with a group for each kind of cost: Materials, Labor, Equipment and Other — plus Subcontractors when the job uses them.

  2. 2

    Add materials

    Under Materials, click + From Catalog to pull a material you've priced before, or + Custom to enter a new one with its unit cost.

  3. 3

    Add labor and equipment

    Do the same under Labor and Equipment. Labor and equipment can be priced by the hour or from a production rate — how much the crew puts in per day — and the hours work themselves out.

  4. 4

    Watch the price build itself

    As you add costs, the unit price updates. TrenchIQ adds sales tax to taxable materials and applies your overhead and margins — the same way, on every line.

  5. 5

    Go back to the bid

    Click ← Bid Overview to return to the whole bid. The line total is the rounded unit price times the quantity, so the bid always foots.

Try it on your next bid

TrenchIQ is in a closed beta for contractors who bid unit-price work. Founding Testers get the estimating free, for as long as we offer it.

Ask for beta access