App of the Week: Construction Return on Investment Calculator

The Return on Investment Calculator mobile app simplifies ROI calculation for a project

The amount of money tied up to build work is the right basis for the calculation. In other words, contractors need to charge for renting out their working capital.
The amount of money tied up to build work is the right basis for the calculation. In other words, contractors need to charge for renting out their working capital.

Mobile app: Construction Return on Investment Calculator
Developer: Stevens Construction Institute, Inc.
Cost: $9.99
Available on: Apple devices

The Construction Return on Investment Calculator mobile app is designed for construction firms to use as a preliminary pricing model. Developer Stevens Construction Institute recommends using the calculation at the bidding stage in addition to other factors such as backlog and competitor’s statistical history to help set a price.

 

 

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