Takeoff ToolTAKEOFF TOOL

Prevailing wage

Prevailing wage is the minimum hourly wage and fringe rate that a public project requires for each trade classification.

Public projects often set wage rates by trade and by county. The bid documents include a wage determination that lists each classification and its rate.

A flooring installer rate on a school job can differ from your normal shop rate. Your labor cost per hour changes, and your labor burden changes with it.

Find the wage determination before you price labor. Match each crew member to a classification. Plan for certified payroll reports if the documents require them.

Rules differ by state and by funding source. Check the bid documents and your state. Takeoff Tool reads the prevailing wage note from the packet and shows the quote it came from.

See also

Run a real bid packet through it.