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Old 05-18-2016, 10:08 AM   #1
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Default commercial gear and fixture mark ups

recently started bidding commercial electrical projects, I sent gear and fixture package to my suppliers for quote. what is an average mark up once I receive their numbers. thanks bruce
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Old 05-18-2016, 10:56 AM   #2
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Normally that would be determined by your required overhead and profit needed. Rule of thumb was double and add 10%-15% back in the day.
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Old 05-18-2016, 11:00 AM   #3
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Any more than 20% and your not gonna get the job. Commercial is one cuthtroat business and you gotta make it on the labor.
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Old 05-18-2016, 12:26 PM   #4
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It depends on the cost.

if its a 9000$ package i would hit it for 30% or more depending on the customer.

On the other hand if its a 400000$ package you need to dial it back to the 15-20% range if u are going to be competitive.
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Old 05-18-2016, 12:31 PM   #5
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Quote:
Originally Posted by sbrn33 View Post
Any more than 20
% and your not gonna get the job. Commercial is one cuthtroat business and you gotta make it on the labor.
I thought resi was the one nicked name 'cut throat' ?
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Old 05-18-2016, 12:55 PM   #6
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As long as money is involved, it's all cut throat.
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Old 05-18-2016, 01:14 PM   #7
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10-20% is what I put for profit margin on that type of work.
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