Free Contractor Budget Template
Contractor Budget
Project Title: [Project Name]
Client Name: [Client Name]
Contractor Name: [Your Company Name]
Project Location: [Project Location]
Date of Budget: [Date]
I. Project Overview
This budget outlines the projected costs for the completion of the [Project Name] project at [Project Location]. The costs are broken down by labor, materials, equipment, and other associated project expenses.
II. Project Breakdown
A. Labor Costs
|
Description |
Hours |
Hourly Rate |
Total Cost |
|---|---|---|---|
|
Project Management |
100 |
$75.00 |
$7,500.00 |
|
Skilled Labor |
500 |
$45.00 |
$22,500.00 |
|
General Labor |
700 |
$25.00 |
$17,500.00 |
|
Subcontractors |
300 |
$55.00 |
$16,500.00 |
Total Labor Cost: [$64,000.00]
B. Materials Costs
|
Description |
Quantity |
Unit Price |
Total Cost |
|---|---|---|---|
|
Concrete |
200 cubic yards |
$100.00 per cubic yard |
$20,000.00 |
|
Steel |
50 tons |
$800.00 per ton |
$40,000.00 |
|
Lumber |
1000 boards |
$10.00 per board |
$10,000.00 |
|
Paint and Finishes |
500 gallons |
$30.00 per gallon |
$15,000.00 |
Total Materials Cost: [$85,000.00]
C. Equipment Costs
|
Description |
Duration |
Daily Rental Rate |
Total Cost |
|---|---|---|---|
|
Excavator Rental |
30 days |
$250.00 |
$7,500.00 |
|
Crane Rental |
15 days |
$500.00 |
$7,500.00 |
|
Truck Rental |
30 days |
$150.00 |
$4,500.00 |
Total Equipment Cost: [$19,500.00]
D. Miscellaneous Costs
|
Description |
Details |
Total Cost |
|---|---|---|
|
Permits and Licenses |
Construction Permit Fee |
$5,000.00 |
|
Site Setup and Mobilization |
Initial Setup and Site Preparation |
$3,000.00 |
|
Insurance |
General Liability Insurance |
$2,500.00 |
Total Miscellaneous Cost: [$10,500.00]
III. Contingency Budget
|
Description |
Amount |
|---|---|
|
Contingency Percentage |
10% |
|
Contingency Amount |
$18,000.00 |
IV. Summary of Total Project Costs
|
Cost Category |
Amount |
|---|---|
|
Total Labor Cost |
$64,000.00 |
|
Total Materials Cost |
$85,000.00 |
|
Total Equipment Cost |
$19,500.00 |
|
Total Miscellaneous Cost |
$10,500.00 |
|
Contingency Budget |
$18,000.00 |
Grand Total Project Cost: [$197,000.00]
V. Payment Schedule
|
Payment Milestone |
Amount |
Due Date |
|---|---|---|
|
Initial Payment (Deposit) |
$39,400.00 |
January 15, 2025 |
|
Progress Payment (Midway) |
$78,600.00 |
April 1, 2025 |
|
Final Payment |
$79,000.00 |
July 15, 2025 |
Prepared by:
[Your Name]
[Your Position]
[Your Company Name]
