Pricing Method

  • Markup

    Adding a margin to the cost based on cost multipliers. The markup can be a profit margin, tax, management fee, or other factor specific to the company.

    gross sales amount = landed cost amount + contingency + escalation + markup

    Note: a markup percentage or amount is displayed for information purposes only.

  • Target Pricing

    In many cases, the target price for the estimate is fixed. If so, the sales price is, for example, determined by a price list.

    gross sales amount = quantity * gross sales price