Family Income and Expenditure Survey 2003

Philippines, 2003 - 2004

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Reference ID

PHL_2003_FIES_v01_M

Producer(s)

National Statistics Office

Metadata

DDI/XML JSON

Created on

Dec 12, 2013

Last modified

Mar 29, 2019

Page views

48097

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Construction expenses (EACONEXP)

Data file: FIES

Overview

Valid: 0

Invalid: 0

Type: Continuous

Decimal: 0

Width: 9

Range: -

Format:

Description

Definition

A contractor usually provides labor but sometimes he contracts
the entire structure without the owner providing any material. In
inquiring about expenses, try to provide the details as called for in this
subsection. Try to assess the construction enterprise if the net income
is realistic. Usually contractors are allowed a margin of profit of about
15 percent, which is added to the cost estimates of materials and labor.
The constructed price cost of labor is 30-40 percent of the total cost of
materials.

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