Open your job.

Select the Price tab.

Select Price Breakdown Structure (PBS) from the Overhead and Profit section.

On the Target Profit row, enter a numeric value in the % of Target Price column; press Tab.

On the PBS form, double-click on the Direct Cost Markup row.

In the record, overwrite the Default entry with Direct Cost Markup in the description field.

In the Rate column on the Dependency Cost Breakdown, add a numeric value in Labor, Owned Equipment, Materials and Fees categories. Then reset other categories back to 0.

Click Ok to save your changes and return to the PBS.

Click the Refresh Summary Data button to see the changes reflected.

From the Estimate landing page, select the Price tab.

Select Pay Item & Proposal from the Pay Items section.

Select a Pay Item row.

In either the Unit Price (current), Total Price (current), or % Margin field of a pay item, type a numeric value.

For this example, we’ll do the following:

• Mobilization pay item – change Total Price (current) to $20,000.

• Clearing & Grubbing pay item – change % Margin to 5%.

Open the your job in Estimate.

From the Estimate landing page, select the Price tab.

Click on Pay Item & Proposal to open the Pay Item & Proposal Register.

On the Pay Item & Proposal Register menu, choose Actions > Balanced Bid > Hit Target Total.

Review the Proposal Recap and see that the Variance is now $0.00. Now that the job is balanced, you can see that the Current Price and the Target Price are the same, indicating that the costs and profit are spread proportionately over your pay items.

You may encounter overrun and/or underrun items in the Pay Item & Proposal Register of your job.

If you do, highlight the row for each item to view it’s current balanced item recap.

On the Pay Item & Proposal Register menu, choose Actions > Unbalanced Bid.

• You will see the changes reflected and how the profit was spread to your overrun and underrun items

  

• In the example shown, highlighting each item will show that all your overhead and profit from Excavation was put onto Clearing & Grubbing.

Select the Lock Price checkbox on an item's row.

After making further adjustments in the next step by step, you will return to the Pay Item & Proposal to rebalance.

• You can continue to adjust at previous levels aside from solely in the Pay Item & Proposal Register

• For example, you could make a last-minute adjustment in the PBS or CBS. You can make adjustments anywhere, but for this example an adjustment will be made in the Direct Cost Add-On record at the CBS level

With your job open, select the Estimate tab.

Click on Cost Breakdown Structure to open the CBS.

Double click on the row header to open the Direct Cost Add-On dependent cost item record.

Under the Description tab on the left, click in the blank row under the Description column.

Type in a description.

Make the adjustment by typing a numeric value in the Cost column of the Materials Cost category under the Cost Breakdown section on the right.

• To make a cut, enter a negative value, i.e. -1000

Press the Tab key, and your adjustment will be reflected on the left-hand side.

Finally, return to the Pay Item & Proposal.

On the Actions menu, select Balanced Bid > Hit Target Total.

An Auto Price Warning may display, informing you of rounding variances. After reading the details, click the Close button.

• Note on the proposal recap that a variance may still exists because there are limited number of pay items to spread the rounding error over

• Note that the locked item did not adjust, but the other pay items were updated

• Note that you can overwrite locked items for spreading your price by checking the Overwrite Locked Pay Items option on the Actions menu