Whilst Estimating you will find there are certain allowances or items which require you to work in percentages of the contract price. Examples include various insurances and fees within Building.
Here is how you can use the '% of CP' or Percent of Contract price in an example.
1. The "estimated" contract price is placed in the Price column.
2. The percentage is placed as a decimal in QTY input box.
For example Q Leave with a levy of 0.475% of Contact Price would look like the following.
This will then calculate the "estimated" insurance until such time as the contract price is determined. Please note the price input for these insurances will need to be updated as more items are added to the estimate and the total changes.
We do have plans to automate the "Estimated" Contract Price on Estimates in the future but for now this is how we calculate it.