1. What is CW Calculator Price in Bangladesh?

Definition: This calculator determines the selling price of construction works (CW) in Bangladesh by adding cost and markup amount.

Purpose: It helps contractors, builders, and construction professionals in Bangladesh to quickly calculate appropriate pricing for their services.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( Price \) — Final selling price (BDT)
• \( Cost \) — Base cost of construction (BDT)
• \( Markup \) — Profit margin added (BDT)

Explanation: The calculator simply adds your construction cost to your desired markup amount to determine the final price to charge.

3. Importance of Proper Pricing

Details: Accurate pricing ensures profitability while remaining competitive in Bangladesh's construction market. Underpricing leads to losses while overpricing may lose bids.

4. Using the Calculator

Tips: Enter the actual cost of construction works in BDT and your desired markup amount in BDT. Both values must be ≥ 0.

5. Frequently Asked Questions (FAQ)

Q1: What currency is used in this calculator?
A: All calculations are in Bangladeshi Taka (BDT).

Q2: Should I include VAT in the cost?
A: Yes, include all costs including materials, labor, overhead, and taxes in your cost calculation.

Q3: How do I determine appropriate markup?
A: Markup depends on project type, competition, and business goals. Common construction markups in Bangladesh range from 10-30% of costs.

Q4: Can I use this for subcontractor pricing?
A: Yes, this calculator works for main contractors and subcontractors alike.

Q5: Does this account for price fluctuations?
A: No, you should adjust costs regularly based on current material and labor rates in Bangladesh.