Project quote from hours and contingency

Business / FREE CALCULATOR

Build a project price from labour, contingency and direct expenses.

Enter your numbers

READY WHEN YOU ARE

Your answer starts here.

Enter your values and select Calculate to see the result and any available breakdown.

How to use this calculator

  1. Enter estimated billable hours. Use the unit shown beside the field.
  2. Enter hourly rate. Use the unit shown beside the field.
  3. Enter contingency (%). Use the unit shown beside the field.
  4. Enter direct project expenses. Use the unit shown beside the field.
  5. Select Calculate and review the result. Select Reset to restore the example inputs.

How the calculation works

Estimated billable hours*Hourly rate*(1+Contingency (%)/100)+Direct project expenses

Worked example

Estimated billable hours = 20; Hourly rate = 50; Contingency (%) = 10; Direct project expenses = 100. Result: 1200.

Understand your result

Build a project price from labour, contingency and direct expenses. The result is expressed in the same currency or unit as the monetary inputs.

Assumptions and limitations

Excludes tax and contract-specific risk not reflected in your inputs. Results are rounded for display.

Questions about this tool

What does this tool calculate?

Build a project price from labour, contingency and direct expenses.

What should I check before using the answer?

Excludes tax and contract-specific risk not reflected in your inputs.

Related guides

Guides will appear here when published and linked by the editor.