What are daily logs in construction?

Daily logs are the records of everything relevant that happened on a job site each day. They’re the evidence of what’s been completed, who worked on what, the site conditions and what equipment or materials were used.

Why are daily logs important in construction?

Daily reporting is critical for keeping everyone from the field to the office up to date on what’s happening at each construction job site. They can help protect your business from legal issues and prevent delays.

Who fills out the daily log?

Typically, your foreman, superintendent or project manager is responsible for recording the daily logs.

Where are my daily logs stored?

When you use a construction management software , like Buildertrend, all your logs are stored and organized online for easy access.

Can my subcontractors use daily logs?

Yes. Subs should be encouraged to fill out daily logs for their contractors to help strengthen the relationship and prevent miscommunication. Read our blog to learn more about how your subs can create daily logs in our platform.

How is the markup percentage calculated?

Markup percentages are calculated by dividing profit by total costs and multiplying by 100. (Desired Profit / (Total costs – profit)) x 100 = Markup

Can the markup percentage be negotiated with clients?

Markup percentages are set at the discretion of the contractor, meaning they can vary from project to project. These percentages can be negotiated with clients as a part of the contract agreement.

Is the markup percentage the same as the contractor’s fee?

A contractor’s fee is different than a markup percentage. A markup typically covers overhead costs to help ensure profit. A contractor’s fee is the total amount charged for their services – which includes markups as well as labor and material costs, subcontractor fees, equipment expenses and more.

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