Hello everyone. I am a licensed electrical contractor and have just started my business about 2 years ago. I am currently bidding on a 2000 square foot spec house. The house has 3 bedrooms and 2.5 baths. The only extras are thee recessed lights and a ceiling fan in the master bedroom. I came up with $7700 without the service. How does that compare to how you all calculate your jobs
For the simauir size house in France it typical run about €5,200 but it will varies depending on the construction and the materals it will be used and the customer request if they want add something to the list.
Pas de problme,il marche n'est-ce pas?"(No problem, it works doesn't it?)
Out my way prices are depressed by Residential Electricians crossing over into low-end Commercial Bidding.
After their first significant jobs they're broke.
The reverse is true: Commercial Electricians loose their shirts jumping into Residential Bidding.
They are really two separate worlds.
Assuming this is a one-of-a-kind house the REAL issue is the General Contractor. His skill and moxie, and honor, is critical for anyone making a 'tight' bid.
And just why is it NOW that this fella needs a NEW EC?
What happened to his established pals? Did he burn them? Is he in credit trouble? A SPEC house -- in today's market? Are you kidding? Who's his banker? Are they in trouble with the FDIC?
Do your research. This is the WORST time in the market cycle to take on risk; so naturally every contractor is cutting prices to the bone so that they can lose money while in the rain instead of losing money staying at home.
I have seen more residential electricians come and go over the years that one can imagine. They jump in residential as the easy market, cut prices, make a fair living, then go bankrupt. The GC does not care bottom line low prices.