ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
ShoutChat
Recent Posts
EMC Glands on Motors
by Trumpy - 12/01/22 06:12 AM
Ground Rods: Installation and Hook-Up
by Trumpy - 12/01/22 05:54 AM
Happy Thanksgiving all!
by gfretwell - 11/30/22 05:55 PM
Colt Firearms Switchbox
by NORCAL - 11/29/22 01:04 AM
Perfect work light?
by gfretwell - 11/22/22 12:48 AM
New in the Gallery:
240/208 to a house
240/208 to a house
by wa2ise, October 9
Now you know.
Now you know.
by Tom_Horne, September 7
Who's Online Now
0 members (), 68 guests, and 12 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
#170220 10/29/07 08:03 PM
Joined: Jan 2005
Posts: 5,361
Likes: 1
Cat Servant
Member
I occurs to me that many of out members have never actually been involved in obtaining the jobs they perform. I thought this tale might give a little insight into the 'business' side of contracting.

A local agency had, for a long time, used the same expensive contractor for all of its' work. For reasons completely unrelated to that contractor, or the work he did, a new management team was brought in. With this new team, work was opened up to everyone.

This customer put out for bid a lighting retrofit. Four contractors showed for the walk-through; only two submitted bids.

Now, I bid the job at $60K. Of that, about 1/3 was for materials (fixtures customer specified by part number), 1/3 for labor (wages), 1/3 for business expenses.

For the fixtures alone, I had pricing from two sources. Remember, these were customer specified as to type, make, and model. One source quoted $17K; the other quoted $71K. That's quite a spread! Two suppliers never got back with prices at all.

RS Means estimated $71K in labor for this job.

I did not win the bid. The winner bid $32K .... about half my bid .... and 1/5 of the bid that estimating software, and the wrong supplier, would have produced.

I look forward to seeing this other guy complete the job. I'd like to see how he makes money at his price.

I suspect that this other guy has no real idea as to his actual business costs .... will work his tail off .... and wonder why he's losing money. Time will tell.

Last edited by renosteinke; 10/29/07 08:04 PM.
Latest Estimating Cost Guides & Software:
Joined: May 2007
Posts: 169
C
Member
Was the former contractor one of the four who walked the job?
I'd think he'd have an interest in keeping it.
I'd also guess he wasn't Mr. 32K if he was expensive.
Curious to hear how it goes.


Link Copied to Clipboard
Featured:

Tools for Electricians
Tools for Electricians
 

* * * * * * *
2023 National Electrical Code (NEC)
2023 NEC Now Available!
 
* * * * * * *

2020 Master Electrician Exam Preparation Combos
2020 NEC Electrician
Exam Prep Combos:
Master / Journeyman

 

Member Spotlight
The_Lightman
The_Lightman
Orlando, Fl, USA
Posts: 49
Joined: August 2001
Top Posters(30 Days)
Trumpy 9
NORCAL 5
Popular Topics(Views)
300,522 Are you busy
230,160 Re: Forum
214,976 Need opinion
Powered by UBB.threads™ PHP Forum Software 7.7.5