Hi,
I am pretty satisfied that COST-PLUS and FLAT RATE billing is the only way to go.
I doubt that I will ever give another bid based on hours and material.
Cost plus is rare so flat rate is the ony way a small EC can stay alive!
I would price myself right out of work at $85-$120 an hour.
There are contractors out there who can charge $120 hr per man? I do not think I could even get the job at that rate.
Brown & Root, Fluor, Bechtel and any of the other top 500 firms do not even charge $120 per hand!
You may get that in San Francisco or New York but I do not think that anyone would be able to be competetive at that rate.
I get a lot of calls wanting to know how I charge or what my hourly rate is or what I get per square foot.
$1.75 a sq foot for residential is hard to sell!
FLAT RATE BILLING is the way to go!
-regards
Greg
