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	Finance - Project Bid Model
	Rating:		Price: $9.99
	At A Glance
	This Excel spreadsheet allows you to model the labor costs associated with a project (billing rate, direct costs, and gross profit) to get a high-level picture of whether or not to accept a given project's terms. The easy spreadsheet also allows you to input an appropriate billing amount in order to achieve a specific gross profit percentage.
	Background
	A common requirement during a bid process is to identify and model profitability as a function of the specific labor resources anticipated to be used on the project. Inputting the billing rate, hourly rate, prevailing taxes, and medical and dental percentages will provide you with a quick view of your overall labor costs and gross profit margin.
	Benefits
	By inputting a few readily available numbers, you will be able to determine the appropriate billing costs to use for a given gross profit return when costing out individual projects.
	Time ROI
	It takes on average 8 hours to develop this type of model. By using MyWorkTools.com, you will save a minimum of 7 hours developing the initial template.

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