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#6411 - 01/02/02 08:56 AM Bidding on prevailing wage job
ayrton Offline
Member

Registered: 12/21/01
Posts: 205
Loc: Pa
I am bidding on a township job which obviously is going to be prevailing wage.
I have my co. hourly rate which is how we normally bid labor. Question is how do I come up with a labor rate for prevailing wage.
I know what the prevailing electricians rate is and the fringe benefit, but how does that affect my hourly rate for the company?

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#6412 - 01/02/02 04:45 PM Re: Bidding on prevailing wage job
Tom Offline
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Registered: 01/01/01
Posts: 1069
Loc: Shinnston, WV USA
How did you come up with your companies hourly rate? Add up the wage & fringes (including SSI, workers comp & unemployment, after all, they are benefits), add your markup & that is the number.
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