Decoding Over and Unallocated Indirect Costs

 In this contractor-focused episode of Nailed It: The Construction and Real Estate Finances Podcast, hosts Jeremy Bottlinger and Ian Grove unpack the critical topic of over and unallocated indirect costs. They break down direct costs (labor, materials, subs) versus indirect costs (equipment maintenance, supervisor salaries) and overhead (admin, rent), explaining how misallocating indirect costs can tank bids or profitability. With their gritty humor, they highlight how overestimating costs might mean missed jobs, while underestimating can lead to financial ruin—especially in today’s high-interest, competitive market. Tune in for data-driven tips to keep your construction biz humming!

Disclaimer – played at 3x speed: This recording is strictly educational in nature and shall not be considered tax, investment, or legal advice.  DO NOT attempt applying any of these ideas without consulting your tax, investment or legal professional.

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Hosted by Ian Grove and Jeremy Bollinger