How is profit derived in a project budget? Is there a fixed formula

Profit in the project budget = (direct costs + overhead) × the corresponding profit rate

Extended reading:

I. Direct costs include direct engineering costs, measures.

Direct project cost: labor, material cost, construction machinery use fee;

Measure fee: environmental protection fee, civilized construction fee, safety construction fee, temporary facilities fee, night construction increase fee, secondary handling fee, large machinery and equipment into and out of the field and dismantling fee, concrete and reinforced concrete template and support fee, scaffolding fee, completed works and equipment protection fee, construction drainage and precipitation fee. The cost of construction drainage and precipitation.

Two, indirect costs including fees, business management fees.

Costs: engineering sewage charges, engineering quota determination fees, social security fees (pension insurance, unemployment insurance, medical insurance), housing fund, accidental injury insurance for hazardous operations;

Enterprise management costs: management salaries, office expenses, travel and transportation, fixed assets, tools and tools, labor insurance, labor union funds, employee education, property insurance, financial fees, taxes, and so on. insurance premiums, financial fees, taxes (refers to the enterprise in accordance with the provisions of the property tax, vehicle and vessel use fees, land use tax, stamp duty, etc.), other.

Three, profit

Profit = calculation base × profit rate

Calculation base can be direct costs + overhead or labor costs + machinery costs or labor costs as a benchmark, the profit rate in the bidding enterprise according to the competition to determine.

Four, taxes

Including business tax, urban maintenance and construction tax, education surcharge.

The taxpayer is urban, the tax rate = 3.41%

The taxpayer is county and town, the tax rate = 3.35%

The taxpayer is rural, the tax rate = 3.22%

Note: The tax in the enterprise management fee and the tax in the budget offer are not the same as those included.

The taxes in the budget quote can only be business tax, urban maintenance and construction tax, and education surcharge.