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Change order pricing calculator

Price a change order the way the contract allows: self-performed work marked up at one rate, subcontracted work at another, and bond and insurance on top. Enter the scope and get the number to put on the request — and the blended markup it works out to.

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Tool 06

Change order pricing

Price the change the way the contract lets you: each cost type with its own markup, then bond and insurance on top. The breakdown is what the owner's rep will ask to see.

Change scope

Result

Self-performed = labor + material + equipment, marked up at the self-performed rate. Subcontract is marked up at its own (usually lower) rate. Bond and insurance apply to the subtotal. Check your contract's change-order clause for the markups it allows.

How to use it

  1. Enter labor hours and the loaded rate.
  2. Enter material, equipment and subcontract cost.
  3. Enter the markups your contract allows on self-performed and subcontracted work.
  4. Enter bond and insurance, and read the price.

A worked example

60 hours at $85, $9,000 of material and a $14,000 sub quote, with 15% on self-performed, 10% on subs and 1.5% bond, is a request of $32,089 — a blended markup of 12.5% on $28,100 of cost, plus $474 of bond and insurance.
Want the background? The guide works through the arithmetic, the mistakes that hide problems, and a checklist.
Read: Change order management →

Questions

How do you price a construction change order?

Cost the labor, material, equipment and subcontract work, apply the markups the contract allows to each, then add bond and insurance.

What markup is allowed on change orders?

It is set by the contract’s change-order clause — often one rate on self-performed work and a lower rate on subcontracted work. Check the contract before pricing.

Should overtime go in a change order?

If the change requires it, yes — at the premium cost, with the reason documented.

How do I stop carrying unsigned change orders?

Price and send the request quickly, track cost coded to it as unsigned work in place, and escalate anything pending more than 30 days.

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Want this on your live data, every morning?

These tools are manual. The dashboard does the same arithmetic across every job, every company and every week — plus the money-at-risk view, the audit findings and the overrun radar. Join the private beta and we will connect it to the systems you already run.