ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
Shout Box
Recent Posts
Single phase and what you call it.
by dsk. 11/12/18 11:10 AM
220/230/240V 60Hz Systems
by Albert. 11/07/18 12:48 AM
Black & Decker Recalls Hammer Drills
by Admin. 11/01/18 07:22 PM
Having around 30 projectors to dump
by gfretwell. 10/31/18 10:54 PM
Installing a small swimming pool
by TimothyHallam. 10/30/18 10:42 PM
New in the Gallery:
What is this for?
Plug terminals
Who's Online Now
0 registered members (), 6 guests, and 18 spiders.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Bidding Residential #157038
08/08/05 08:46 AM
08/08/05 08:46 AM
E
eswets  Offline OP
Member
Joined: Mar 2004
Posts: 55
Lansing, IL, USA
For the most part, I use T&M. On the last few jobs, I have gotten burned b/c the was not contract. Now I have learned my lession and on bigger jobs I give contracts. I have been losing most of them b/c I was too high. I am going to just use round numbers for an example because every ones labor rates are diffent.

If I charge $50 per hour for T&M, would I use that amount to figure lets say a large addition and remodel? Or would I figure my Cost rate, $25 per hour and add a percent to that. In other words discount my full rate.

What about new houses. Every one uses an opening price. How is that figured?
Thanks
Eric

Business, Office, Estimating, Legal:
Re: Bidding Residential #157039
08/09/05 08:38 PM
08/09/05 08:38 PM
S
Sparks30  Offline
Member
Joined: Mar 2002
Posts: 125
Connecticut.usa
I charge my price then add up the material plus percent. I you can rough fast and is a straight forward job then you make out. Make sure that what you are doing is spelled out in the contract anything else is extra. Also include this like not responsable for sheetrock damage. This will make you more in the long run.

Re: Bidding Residential #157040
08/09/05 09:11 PM
08/09/05 09:11 PM
L
LK  Offline
Member
Joined: Jan 2003
Posts: 1,429
New Jersey
"large addition and remodel? "
_________________________________________

The remodel cost may be 5 to 6 times the new work.


Featured:

2017 Master Electrician Exam Preparation Combos
2017 NEC Electrician
Exam Prep Combos:
Master / Journeyman

 

Member Spotlight
sbi
sbi
indiana
Posts: 47
Joined: March 2008
Show All Member Profiles 
Top Posters(30 Days)
Admin 8
dsk 3
Popular Topics(Views)
251,413 Are you busy
188,637 Re: Forum
178,341 Need opinion
Powered by UBB.threads™ PHP Forum Software 7.6.1
(Release build 20180101)
Page Time: 0.022s Queries: 14 (0.005s) Memory: 0.9517 MB (Peak: 1.0745 MB) Zlib enabled. Server Time: 2018-11-13 20:16:24 UTC