WorksheetPlanning limits applyLast reviewed April 29, 2026

Electrical reference chart

Electrical Quote Markup Chart

Use this worksheet after the calculator result to record direct cost, overhead, markup, margin, contingency, exclusions, quote expiration, and approval owner.

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Quick reference table

An electrical quote markup chart is a calculator-led business worksheet. It separates cost, markup, margin, and scope notes before a price is sent to the customer.

Electrical quote markup worksheet

Electrical quote markup worksheet
ItemRecord from calculatorFollow-up
Cost basisLabor, material, equipment, permitsConfirm vendor and labor inputs
PricingMarkup, margin, overhead, contingencyCheck business pricing policy
ScopeIncluded work, exclusions, alternatesAlign with customer request
Issue controlExpiration, reviewer, versionApprove before sending

Quote risk and margin review

Quote risk and margin review
Quote laneRecord on worksheetWhy it changes markup
Labor riskAccess, overtime, crew availability, rework riskHigher field uncertainty may need separate contingency
Material volatilityVendor quote date, lead time, alternatesOld material pricing can erase margin
Scope boundaryExclusions, allowances, customer-provided itemsMarkup cannot fix unclear scope
Approval controlReviewer, version, expiration, customer deadlinePricing should be tied to a controlled issue package

How to use this chart

1

Record cost basis

Write direct cost, overhead, markup, margin, contingency, and alternates.

2

Keep scope attached

Document included work, exclusions, customer assumptions, and site limits.

3

Route approval

Use the chart to assign quote review, expiration, and version control.

Formula basis

Margin percent = (selling price - cost) / selling price x 100.

  • Cost is the direct and allocated cost basis used by the calculator.
  • Selling price is the customer-facing price before taxes or other excluded items where applicable.
  • Markup is added to cost, while margin is measured against selling price.
  • Exclusions and alternates keep the quote scope aligned with the calculation.

Worked examples

Service quote markup record

Record direct cost, overhead, markup, margin, contingency, exclusions, quote expiration, and reviewer before issuing the customer price.

Service-panel replacement quote

Keep labor cost, utility coordination allowance, permit note, material quote date, markup, margin, exclusions, expiration, and approval owner together before sending the quote.

Frequently asked questions

These answers explain how to use the chart without turning a quick reference into a final design decision.

Why show both markup and margin?
They answer different questions. Markup is added to cost, while margin is profit as a share of selling price.
Why include quote expiration?
Material and labor inputs can change, so the price should be tied to a review date and version.