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Old 08-09-2016, 08:08 PM   #1
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Default Estimating help with neca units

Hello there. I am looking for some help/advice with estimating. I have been coming here for a while now trying to pick up tips since I've decided to pursue going into business for myself, so I figured I would try asking for some help now. I am looking to do small commercial projects/ renovations. So I am doing some estimating practice off of some blue prints I have from work. I purchased the NECA mlu, so I've been inputting those numbers in the spreadsheet I'm making. So I decided to see if could make an assembly with the units to try to see how it matched up and I came up real high. My assembly I created was roughing in a duplex box with mc cable with normal conditions as follows:

Item Labor unit
wall rough in bracket .06
4" sq box .3
plaster ring .15
ground screw .08
(3) straps .15
mc connector .12
15' 12/2 mc cable .39

total of 1.25 or 75 minutes

Any tips???

Thanks!
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Old 08-09-2016, 08:23 PM   #2
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Quote:
Originally Posted by bees View Post
Hello there. I am looking for some help/advice with estimating. I have been coming here for a while now trying to pick up tips since I've decided to pursue going into business for myself, so I figured I would try asking for some help now. I am looking to do small commercial projects/ renovations. So I am doing some estimating practice off of some blue prints I have from work. I purchased the NECA mlu, so I've been inputting those numbers in the spreadsheet I'm making. So I decided to see if could make an assembly with the units to try to see how it matched up and I came up real high. My assembly I created was roughing in a duplex box with mc cable with normal conditions as follows:

Item Labor unit
wall rough in bracket .06
4" sq box .3
plaster ring .15
ground screw .08
(3) straps .15
mc connector .12
15' 12/2 mc cable .39

total of 1.25 or 75 minutes

Any tips???

Thanks!
Neca labor units come out high all day long, they are a must have for change orders but quoting from it will leave you without work. I have adjusted many of them between 50-75%, now we don't quote a ton of work but have slowly figured out over time what numbers work for us.
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Old 08-09-2016, 08:29 PM   #3
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Thanks! That's what I was afraid of. I've read they are high, but thought it might work with the estimating if I make a spreadsheet. I feel like I might have just spent a lot of money on something that might not help me all that much. Any other pointers?
Thanks
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Old 08-09-2016, 09:11 PM   #4
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Calculate all your costs on the job and multiply by .95 for your bid price. You'll be in business until your capital runs dry and/or you max out your available loan power. At least that's the way it seems like small commercial GC work is bid around here.
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Old 08-09-2016, 09:22 PM   #5
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That sounds promising....so after you win the bid is when they tell you the 8 week project you signed the contract for is now a 6 week project, right?
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