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CALCULATION OF SELF-FORMED WORK SUBMITTED IN RESPONSE TO RFP # (Line Item 0001 Base Offer)Self Performance for General Construction Contracts 15%Use this form to identify and calculate cost of the
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How to fill out calculation of self-performed work

How to fill out calculation of self-performed work
01
To fill out the calculation of self-performed work, follow these steps:
02
Start by identifying the specific project or task for which you are calculating the self-performed work.
03
Make a list of all the activities or tasks that you have personally performed on the project.
04
Determine the duration or time spent on each activity.
05
Calculate the total hours worked for each activity by summing up the durations.
06
Assign a cost rate or value to each hour worked. This can be your hourly wage or a predetermined rate.
07
Multiply the total hours worked for each activity by the cost rate to calculate the cost of self-performed work for that activity.
08
Sum up the costs for all activities to get the total cost of self-performed work for the project.
09
Document the calculation and include it in the project's records or reports.
Who needs calculation of self-performed work?
01
The calculation of self-performed work is needed by individuals or organizations involved in construction or project management.
02
Typically, contractors, subcontractors, or project managers use this calculation to determine the cost of work performed by their own labor rather than hiring external parties.
03
It is essential for budgeting, cost control, and measuring the productivity or efficiency of the self-performed work.
04
Construction companies, government agencies, and any entity involved in construction projects can benefit from accurate calculations of self-performed work.
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What is calculation of self-performed work?
The calculation of self-performed work is the process of determining the value of the work that was performed by the contractor's own employees or equipment.
Who is required to file calculation of self-performed work?
Contractors who have performed work using their own employees or equipment are required to file the calculation of self-performed work.
How to fill out calculation of self-performed work?
The calculation of self-performed work should be filled out by listing the specific tasks or projects that were completed using the contractor's own resources and assigning a value to each.
What is the purpose of calculation of self-performed work?
The purpose of the calculation of self-performed work is to accurately document the value of the work that was performed by the contractor, which can be used for billing, accounting, and reporting purposes.
What information must be reported on calculation of self-performed work?
The calculation of self-performed work must include details such as the date of the work, the nature of the work, the number of hours worked, and the rate of pay for the employees involved.
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