I just have to add my two cents. I have not 'bid' resi in a long, long time. Why? the 'other guys' basically giving away the ranch. To them, I say 'God Bless'.
Guys were doing new resi (SFD; condos; apts) for prices that I could not match if I worked (myself) for 12 hrs a day for $75.
I decided to stay with Ind (when it WAS here) and comm; both bid and T&M. I've been fortunate to have "good" clients, with long relationships.
Have any of you guys called a plumber recently? Most use a 'flat rate' price book.
Wax seal replaced; $149. Shut off valve at sink/lav; $95. Hose bib (outside/frostproof); $225
Yes, this is 'service' work. They also have a 'book' for new work. They seem to stick together, and support each other by not amputating each others testicles.
I recently ran budget numbers for a comm job ranging from <25k to a tad over $100k; same conditions, same prints, same spec, same everything!
Just my 2 cent rant.
John