The Construction Dual Rate Overhead Allocation Calculator mobile app is Stevens Construction Institute’s best selling mobile app, according to Matt Stevens of Stevens Construction Institute. The calculator apposes banking information, regression analysis and yearly overhead budget among other factors to help contractors bid projects, cost existing projects and allocate corporate overhead to multiple operating divisions.
The Dual Rate Overhead Allocation mobile app produces a labor/equipment rate and a material/subcontract rate. The equation produces a percentage allocation of each class of cost which is the cost of overhead to manage those direct costs.
In the beginning of 2015, Stevens says the app was ranked number 418 in the world.