Skip to main content
Change Order Cost Breakdown

Change Order Lump Sum versus Itemized Breakdown

Marjorie Galit avatar
Written by Marjorie Galit
Updated yesterday

Dashboard > Select a Project > Change Order


Permissions

Always remember to ensure the correct people have the appropriate permissions to access your company and project data. This can be done per individual or by applying Permission Templates.

In order to view cost breakdowns for Change Orders, users will need View permissions for Change Orders


This guide will help you understand the process of performing a cost breakdown for change orders in order to gain a comprehensive understanding of the associated expenses.

Note: The breakdown information section will be visible upon saving the change order you created.

Two Cost Breakdown Methods for Change Orders

1. Lump Sum

The Lump Sum option provides a general overview of the costs associated with the change. It allows you to enter a single, consolidated amount that represents the total cost of the change order.

2. Itemized Breakdown

The Itemized Breakdown option enables you to breakdown specific cost components of the change order, including Labour, Equipment, Material, and Subcontractor costs. This level of detail allows for a more accurate analysis of expenses associated with the change.

Within the Itemized Breakdown, you will find the following categories:

Labour

This category includes the costs associated with the labor required for implementing the change order.

Material

Here, you can outline the costs of materials required for the change. Provide a breakdown of the materials and their corresponding costs to accurately reflect the expenses.

Equipment

If there is equipment involved in executing the change, this category allows you to record the associated costs.

Subcontractor

This category provides the ability to input the costs associated with subcontractor services.

- Overhead and Profit are calculated against the Total cost associated with the CO.

Did this answer your question?