TITLE

Reducing the Fudge Factor

PUB. DATE
May 2005
SOURCE
ENR: Engineering News-Record;5/9/2005, Vol. 254 Issue 18, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that many companies have bidding and pricing down to a science and then the fudge-factors of overhead, are trundled in. Recognizing that overhead often is poorly defined and calculated, Brian Drucks applied his self-taught accounting and software development skills to create a Web-based service to help companies calculate it. Drucks, the president and fourth-generation owner of Drucks Inc., a commercial painting contractor in Whippany, New Jersey, says getting a fix on overhead ensures that contract prices will cover costs; critical for ensuring profit on the bottom line.
ACCESSION #
17036412

 

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