FINISHING VS FORM CREW COST CODES: FORM AND FINISHING CREW ECONOMICS
Form carpenters and finishers are different labor pools with different productivity math sold under one price, and formwork (owned vs rented) is its own capital decision. Blended tracking hides which crew makes money, and pump-truck decisions ($ per pour vs owned ROI) ride on data most contractors never collect.
This page covers one problem. The full picture for this trade, including the other places margin leaks, is on the concrete operating system page.
WHERE THE MONEY GOES.
Covered in full in the quick answer above. The sourced numbers and what controls it are below.
THE NUMBER TO MEASURE IT AGAINST.
Concrete contractors run about % net profit at $1M to $5M, rising to roughly 9% at $5M to $10M. The CFOS target at $1M to $5M is10%, set at 10 percent before taxes or 3.5 points better than your trade's average at your revenue, whichever is higher. A problem like this one lives in the distance between those two figures rather than in a loss on any single job.
Gross margin over the same bands runs % to 22%, against a CFOS target of 10%.
THE SYSTEM THAT FIXES THIS.
Cost codes built against the estimate, so a job can be read while it runs.
FREQUENTLY ASKED.
