Adding a Percent Markup

To add a Percent Markup, click on the Totals / Markups option on the Summary Sheet toolbar. Next, right mouse click on any row in the Totals / Markups panel and select Insert New Below or Insert New Above. This will bring up the Add Markup window. In the Add Markup Window, type in a description for the new markup and then choose Percent for the markup Type.

If you had inserted a Subtotal above the percentage markup, the percentage markup would use the previous subtotal as the basis for calculating the amount. If you had inserted a subtotal above the percent markup, but you still wish the markup to be based on the project "net total", then you can check the box labeled Applies to Net Total.

 

The next step is to enter the percentage for the Percent markup. After entering the percentage you can then choose how the markup amount is to be spread across the bid packages in the project.

 

If you choose to limit how the basis for the Percent markup and how it is to be spread across the project, click on the Limit to WBSes option towards the bottom of the markup page. Next, determine which WBS the markup should be spread to. For example, if you choose Alternate, you could limit the percentage basis to specific alternates. For example, you may want to limit the percent type markup to just the costs associated with the base bid, as demonstrated in the screenshot below:

​

• Related Articles

• Adding a Bottom Line Markup

  Bottom Line markups are markups that are always calculated on the gross total for a project, and the bottom line markup includes it's calculated amount in the gross total.  To add a Bottom Line markup, click on the Totals / Markups option on the ...

• Adding a Bottom Line markup with steps, ie; Bond Markup

  BidMatrix allows you to include Bottom Line markups with stepped percentages. This is often required when you need to create a bond markup for the project. Bottom Line markups with step percentages will calculate amounts based on the different ...

• Adding a Lump Sum markup

  To add a Lump Sum markup click on the Totals / Markups option on the Summary Sheet toolbar. Next, right mouse click on any row in the Totals / Markups panel and select Insert New Below or Insert New Above. This will bring up the Add Markup window. In ...

• Percent of Total Columns

  You can add percent of total columns to the estimate Summary Sheet. The percent of total columns shows the percent of total for every level on the bid Summary Sheet. There are three percent of total columns that you can optionally add to your Summary ...

• Accessing the Totals / Markup panel to add a markup

  Markups are added to the bid from the project Summary Sheet. To add a markup to the bid, click on the Totals/Markups option on the Summary Sheet toolbar. Clicking on the Markups option will bring up a panel on the right hand side of ...