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SITEWORK OVERHEAD RATEOVERHEAD BENCHMARKSSITEWORK CONTRACTORCFOS $1M–$12MSITEWORK OVERHEAD RATEOVERHEAD BENCHMARKSSITEWORK CONTRACTORCFOS $1M–$12M
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CIVIL CLUSTER · OVERHEAD BENCHMARKS

OVERHEAD RATE FOR SITEWORK CONTRACTORS — WHAT IT SHOULD BE.

QUICK ANSWER

The target overhead rate for sitework contractors doing $2M–$8M is 10–14%. Sitework carries significant equipment fleet overhead, utility coordination administration, and the scheduling complexity of multi-trade site coordination. Most sitework contractors who formally calculate their overhead rate find it running 4–6 points above their bid rate because equipment carrying costs and coordination overhead are absorbed informally rather than quantified.

Sitework is the most coordination-intensive early trade on most projects. Managing utility conflicts, GC schedule alignment, survey control, and inspection scheduling creates real administrative overhead that belongs in the rate.

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

OVERHEAD BENCHMARKS FOR SITEWORK 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

Sitework contractors with significant owned equipment fleets run at the higher end of the range. A sitework contractor doing most work with rented equipment and minimal fixed overhead can achieve 10–11%. Heavy fleet ownership typically pushes the real rate to 12–15%.

WHAT DRIVES SITEWORK OVERHEAD

THE LINE ITEMS THAT PUSH SITEWORK OVERHEAD ABOVE TARGET.

DRIVER 01

Equipment Fleet Between Projects

Sitework equipment — excavators, graders, compactors, utility trucks — generates carrying costs every day regardless of project activity. Fleet downtime between project mobilizations produces overhead proportional to the idle period. A sitework contractor with a $1.2M fleet running 78% utilization carries 22% of annual ownership cost in overhead — potentially $35,000–60,000 per year.

DRIVER 02

Utility Coordination Administration

Sitework on developed sites requires 811 coordination, utility locating, potholing verification, and coordination with utility owners. The PM or superintendent time spent on utility coordination — scheduling locates, managing conflicts, coordinating repairs — is administrative overhead on most projects. At $4M revenue with heavy utility coordination work, this can run $25,000–45,000 annually.

DRIVER 03

Survey and Grade Control

Grade control on sitework projects requires ongoing survey coordination — benchmarks, control points, as-built verification. The superintendent or project manager time coordinating with the survey crew, verifying grade, and managing survey schedule belongs in overhead as an administrative function not directly billed to most projects.

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
RELATED
Overhead Recovery Rate
What you bid vs what you actually collected — and how to close the gap
TRADE OS
Sitework 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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WHAT IS YOUR REAL SITEWORK OVERHEAD RATE?

A 30-minute diagnostic will calculate it and show you exactly which line items are pushing it above the 10–14% target range.

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Master electrician and former project manager, 150+ projects and $2.1B+ in commercial work. Now runs the numbers for subcontractors instead of standing on the job site.

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