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SBA averages five years of receipts, subcontractor costs included, to decide if a contractor is small. This example tracks a GC near the $45 million line.
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The Eichleay formula prices home office overhead lost during a federal suspension. This example turns a 60-day suspension into a $2,000 daily rate.
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FAR and FHWA rules set liquidated damages from the owner's daily costs. This example adds a contractor's field overhead and tests Saturday shifts.
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Federal agencies owe interest on late construction payments. This example computes it for two pay apps and a retainage release at the 4.75% rate.
| Date | Trend | Category | Title | Summary |
|---|---|---|---|---|
| Data | How to compute average annual receipts for the SBA size standard, with a $45 million general contractor example | SBA averages five years of receipts, subcontractor costs included, to decide if a contractor is small. This example tracks a GC near the $45 million line. | ||
| Data | How to compute unabsorbed home office overhead with the Eichleay formula, with a 60-day suspension example | The Eichleay formula prices home office overhead lost during a federal suspension. This example turns a 60-day suspension into a $2,000 daily rate. | ||
| Data | How to price delay cost from the liquidated damages daily rate and your own field overhead | FAR and FHWA rules set liquidated damages from the owner's daily costs. This example adds a contractor's field overhead and tests Saturday shifts. | ||
| Data | How to compute Prompt Payment Act interest on a late federal pay application, with a $6,740 example | Federal agencies owe interest on late construction payments. This example computes it for two pay apps and a retainage release at the 4.75% rate. |