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Bidding on prevailing wage job #6411 01/02/02 12:56 PM
Joined: Dec 2001
Posts: 201
A
ayrton Offline OP
Member
I am bidding on a township job which obviously is going to be prevailing wage.
I have my co. hourly rate which is how we normally bid labor. Question is how do I come up with a labor rate for prevailing wage.
I know what the prevailing electricians rate is and the fringe benefit, but how does that affect my hourly rate for the company?

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Re: Bidding on prevailing wage job #6412 01/02/02 08:45 PM
Joined: Jan 2001
Posts: 1,044
Tom Offline
Member
How did you come up with your companies hourly rate? Add up the wage & fringes (including SSI, workers comp & unemployment, after all, they are benefits), add your markup & that is the number.


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