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FRAMING OVERHEAD RATEOVERHEAD BENCHMARKSFRAMING CONTRACTORCFOS $1M–$12MFRAMING OVERHEAD RATEOVERHEAD BENCHMARKSFRAMING CONTRACTORCFOS $1M–$12M
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STRUCTURAL CLUSTER · OVERHEAD BENCHMARKS

OVERHEAD RATE FOR FRAMING CONTRACTORS — WHAT IT SHOULD BE.

QUICK ANSWER

The target overhead rate for framing contractors doing $2M–$8M is 10–14%. Framing is a labor-intensive trade with relatively low equipment overhead — but tool management, crew scheduling complexity on multi-building projects, and takeoff and estimating cost create overhead that most framing contractors absorb informally. Most who calculate their real overhead rate for the first time find it 3–5 points above what they have been bidding.

Framing overhead is driven by labor management complexity. Multiple crews, multiple buildings, multiple GC relationships, and the material takeoff burden at bid time all create overhead that belongs in the rate.

BY JOSH LUEBKERPublished: May 2026Updated: May 2026
THE TARGET RANGE

OVERHEAD BENCHMARKS FOR FRAMING CONTRACTORS.

OVERHEAD RATE BENCHMARKS — $1M–$12M
10–14%Target range
15–19%Elevated — review discretionary items
20–25%High — structural problem
26%+Critical — overhead consuming all margin

Framing contractors at $1M–$2M may run 13–16% overhead as fixed costs are spread over a smaller base. At $5M+, overhead should be in the 10–12% range. Framing overhead tends to be lower than equipment-heavy trades but higher than most contractors estimate informally.

WHAT DRIVES FRAMING OVERHEAD

THE LINE ITEMS THAT PUSH FRAMING OVERHEAD ABOVE TARGET.

DRIVER 01

Tool and Equipment Management

Nail guns, compressors, saws, staging — framing contractors own significant tool inventory that is not always tracked or charged to projects at a daily rate. Tool replacement, maintenance, and storage belong in overhead. A framing contractor running $3M in revenue may carry $40,000–60,000 in tool inventory with $8,000–15,000 in annual replacement and maintenance.

DRIVER 02

Multi-Crew Scheduling and Coordination

Framing contractors running 4–8 crews simultaneously on different buildings or projects require significant scheduling infrastructure. The foreman or office coordinator time spent on crew scheduling, material delivery coordination, and building sequence management is administrative overhead — not a direct job cost on any individual project.

DRIVER 03

Takeoff and Estimating Cost

Commercial framing bids require detailed material takeoffs — linear feet of lumber, panel counts, hardware quantities. The estimator or owner time spent on takeoffs belongs in overhead as a real cost of winning work. At a $3M framing company submitting 60–80 bids per year, estimating overhead can run $30,000–60,000 annually in owner or estimator time.

HOW TO CALCULATE YOURS

ONE SITTING. REAL NUMBER.

Pull every fixed cost from last 12 months — everything not a direct job cost
Include owner salary at market rate ($120K–$180K for most $2M–$8M owner-operators) — most commonly missing line item
Include office staff, rent, utilities, GL and umbrella insurance, vehicles not job-costed, software, accounting, legal, marketing
Divide total overhead by total revenue from the same 12 months
Compare to the bid rate you have been applying — the gap is unrecovered overhead on every project you have won

Free calculator: The CFOS overhead rate calculator walks through every line item and produces your real rate in about 10 minutes at constructioncfo.net/construction-overhead-rate-calculator-interactive

COMMON QUESTIONS

FREQUENTLY ASKED.

Bid at your real overhead rate — not an industry average. The benchmark range is a target to manage toward. Calculate your actual costs first, then compare to the benchmark to understand whether your cost structure is competitive. If your real rate is 16% and you bid at 10%, you are leaving 6 points of overhead unrecovered on every job.
Annually at minimum. Also recalculate any time a major overhead item changes — new hire, significant equipment purchase, office move, or major software change. The overhead rate reflects the real cost of running the business at its current size.
Yes. Overhead rate calculation and monthly tracking is part of every CFOS engagement. The rate is recalculated annually and reviewed monthly against the trailing 12-month actual. When overhead creeps, the rate update happens before the next bid goes out.
Josh Luebker
Josh Luebker
Fractional CFO · The Construction CFO

Former commercial construction project manager and master electrician. Managed 150+ projects totaling $300M+. Now fractional CFO for commercial subcontractors doing $1M–$12M. About Josh →  |  LinkedIn →

RELATED RESOURCES
TOOL
Overhead Rate Calculator
Calculate your real rate in 10 minutes with the free interactive CFOS calculator
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Overhead Recovery Rate
What you bid vs what you actually collected — and how to close the gap
TRADE OS
Framing Operating System
The full CFOS operating system for this trade
SYSTEM CONNECTIONS
CFOS SPINE
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RELATED
Overhead CalculatorRecovery RateBy Trade
SERVICE
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