Project Quote: 60 Hours at $90/Hour with $2,000 Materials
Build a project quote for 60 hours of labor at $90 per hour combined with $2,000 in material pass-throughs.
How to use this tool
- Enter your estimated hours and the hourly rate you apply to them.
- Add materials and pass-through costs the project will incur.
- Set a contingency buffer for scope creep and estimate error.
- Set your profit markup, then read the quoted price and breakdown.
When materials are a major part of the project cost, this calculator helps you quote 60 hours at $90 per hour plus $2,000 in materials accurately.
Frequently asked questions
- Why apply contingency before markup?
- So your margin is calculated on the risk-adjusted cost, not the raw estimate. If a project runs over, the contingency absorbs the overrun first and your profit is protected rather than eaten.
- How big should my contingency be?
- It depends on how well you know the work. For familiar, well-scoped projects 10% may be enough; for novel or vaguely-specified work, 20–30% is more realistic. The less certain the estimate, the larger the buffer.
- What is the difference between markup and margin?
- Markup is added to cost (price = cost × (1 + markup)). Margin is profit as a share of the final price. A 20% markup on cost produces a margin below 20% of price; use a margin-pricing calculator if you want to target a specific margin.