Question on pricing - Page 2 - Electrician Talk - Professional Electrical Contractors Forum
CLICK HERE AND JOIN OUR COMMUNITY TODAY, IT'S FREE!
Go Back   Electrician Talk - Professional Electrical Contractors Forum > Electrical Forum > General Electrical Discussion


Reply
 
Thread Tools Display Modes
Old 04-14-2014, 01:57 PM   #21
RIP 1959-2015
 
HARRY304E's Avatar
 
Join Date: Sep 2010
Location: Reporting from the east coast of Moonbatchusetts..
Posts: 39,624
Rewards Points: 1,344
Default

Quote:
Originally Posted by kolyan2k View Post
Hi. I am an electrician and usually pretty good with pricing a job but is there like a general $$$ per sq.ft for like homes and offices for MA area ? labor or basic materials + labor....

Like say for a basic 4 bedroom 2 bathroom house with some recessed lights here and there 2500-3000 sq.ft ?

And I am about to do 3500-4000 sq.ft office with about 40 florescent light fixtures, no data, just outlets, switches, lights, some in-floor outlets, maybe 6-8 cubicles, kitchen, bathroom, 7-8 office rooms etc....will be doing a service for the job too. 480 3-phase, transformer, meter, and 1 200amp panel (but i already priced it separately) Any idea on what you would charge per sq.ft ?
Hello, Welcome to the forum..

First you need to know all of your costs to price out a job like this, pricing it out by using "per sq.ft " will get you trouble because 3000 sq.ft on one job may take 400 man hours, but the next one also 3000 sq.ft could take 800 man hours, so it looks like that's not a very good way to do it.

You should assign , man hours to each task and add all of those hours up to get a grand total of man hours for the work, also you need to add the number of man hours it takes for All of the administrative work, from getting the permit and being on site for inspections, setup and brake down.

You should also have a calculation of all of your business costs and add that to your desired hourly rate, then ad your profit to that calculation, so you know what to charge for each man hour to run your business.

After you can add all that up for a grand total price.

Sq.ft pricing is a good way to put yourself under.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by HARRY304E; 04-14-2014 at 01:59 PM.
HARRY304E is offline   Reply With Quote
The Following User Says Thank You to HARRY304E For This Useful Post:
flyboy (04-14-2014)
Join Contractor Talk

Join the #1 Electrician Forum Today - It's Totally Free!

ElectricianTalk.com - Are you a Professional Electrical Contractor? If so we invite you to join our community and see what it has to offer. Our site is specifically designed for you and it's the leading place for electricians to meet online. No homeowners asking DIY questions. Just fellow tradesmen who enjoy talking about their business, their trade, and anything else that comes up. No matter what your specialty is you'll find that ElectricianTalk.com is a great community to join. Best of all it's totally free!

Join ElectricianTalk.com - Click Here JOIN FOR FREE


Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ElectricianTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

Sponsored Links
Advertisement
 
Old 04-14-2014, 02:53 PM   #22
Member
 
Join Date: Apr 2014
Location: MA
Posts: 79
Rewards Points: 72
Default

Quote:
Originally Posted by cdslotz View Post
Pricing set by GC????

What the hell does that mean?
general contractor collected several quotes and asked us if we can do the job cheaper by $10-15k. it was a big $100k job.
kolyan2k is offline   Reply With Quote
Old 04-14-2014, 03:28 PM   #23
Senior Member
 
Join Date: Jun 2008
Location: Colleyville, Tx
Posts: 749
Rewards Points: 928
Default

Quote:
Originally Posted by kolyan2k View Post
general contractor collected several quotes and asked us if we can do the job cheaper by $10-15k. it was a big $100k job.
That GC is a piece of work.
As is your boss....
cdslotz is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 04-14-2014, 03:57 PM   #24
Senior Member
 
Join Date: Jan 2007
Location: Wilmington, NC
Posts: 12,167
Rewards Points: 14,714
Default

Quote:
Originally Posted by kolyan2k View Post
general contractor collected several quotes and asked us if we can do the job cheaper by $10-15k. it was a big $100k job.
Did you guys do an estimate and come up with a number before being told what you could have it for?

Have you done the job, and if so, did you guys do job costing to see whether you made out OK or not?
__________________
Three vastly different enemies, but enemies who shared one common trait. ALL of them stifle free speech. All of them bully, degrade and terrorize those who hold opposing views and who peacefully express them. All of them are intolerant and demand “loyalty” to the leader. Michael Sand
hardworkingstiff is offline   Reply With Quote
Old 04-14-2014, 04:45 PM   #25
Senior Member
 
Join Date: Jan 2009
Location: Indiana
Posts: 2,219
Rewards Points: 2,950
Default

Quote:
Originally Posted by kolyan2k View Post
general contractor collected several quotes and asked us if we can do the job cheaper by $10-15k. it was a big $100k job.
Typical GC slime ball. It is one thing if he was asking this on behalf of the customer and discounting their bill accordingly. It is another thing altogether to know he is just pocketing the $10-$15k difference.
btharmy is offline   Reply With Quote
Old 04-14-2014, 04:59 PM   #26
Senior Member
 
Join Date: Jun 2008
Location: Colleyville, Tx
Posts: 749
Rewards Points: 928
Default

Quote:
Originally Posted by hardworkingstiff View Post
Did you guys do an estimate and come up with a number before being told what you could have it for?

Have you done the job, and if so, did you guys do job costing to see whether you made out OK or not?

Sounds like the other EC's did all the work for the estimate.

Once I have been invited to bid such a job, say $100k or a $1 million job, I expect to spend anywhere from 40 hrs to 120 hrs doing the takeoff, sending RFI's, sending quote requests, attending pre-bid meetings. I know EXACTLY every EC that I am competing with. My vendors know EXACTLY what EC's they are giving pricing to.
After the job bids, I get immediate feedback from my GC's on the bid tab and my vendors get feedback from us.
If some other EC gets awarded the job out of the blue, I would know if he did a takeoff or not. I would get phone calls from my competitors, I would get call from my vendors, wondering what the hell just happened.
First of all this EC would never get any good pricing on anything, so there's no way they could make money after the GC put 15% in his pocket.

Plus the GC would never again get a good price from me or any of the others that got stiffed.
cdslotz is offline   Reply With Quote
Old 04-14-2014, 05:01 PM   #27
Senior Member
 
Join Date: May 2011
Location: pgh pa
Posts: 143
Rewards Points: 115
Default

A good friend is a pm for a very large gc in pittsburgh. He said they are bidding work cheap just to get it, then they are beating the snot out of subs and suppliers who are hurting for work.
guy2073 is offline   Reply With Quote
Old 04-14-2014, 07:18 PM   #28
Retired Account
 
Join Date: Mar 2011
Location: the Green Mountain state
Posts: 39,722
Rewards Points: 14,650
Default

Sq Ft costs have been around as long as realtors. A quick search reveals all manner of sq ft info & or software ..... In fact, I'm rather surprised the ET software aficionados weren't all high 5's on this already....

Home Construction Cost per Square Foot

more sq ft software

Commercial pre sq ft demographics

Sq ft costs are very basic 'cost of ____ divided by sq footage', minus land which anyone can conclude with a local real estate rag

But you see, this 'going rate' does not come from us, it hails from the RE market. The players, sparky, plumber, excavator, carpenter, etc etc are simply part of this equation.

~CS~
chicken steve is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Service Pricing Verses Remodel Pricing Vision49 Business, Marketing, and Sales 16 02-18-2013 11:48 AM
Flat rate pricing vs. Hourly rate pricing Chris1971 Business, Marketing, and Sales 326 04-24-2012 06:40 AM
Call it Flat Rate Pricing, or Up Front Pricing? Kite&KeyElectric Business, Marketing, and Sales 21 02-21-2012 11:58 PM
Gotta Security Camera Job .. Question about the pricing JayWater General Electrical Discussion 32 04-16-2010 02:36 PM
Ethical Pricing Question has me stumped...Need advice!! mcass Business, Marketing, and Sales 14 11-19-2008 08:35 PM


All times are GMT -4. The time now is 01:34 PM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.1
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Our Pro Sites Network
ContractorTalk.com | DrywallTalk.com | HVACSite.com | PaintTalk.com | PlumbingZone.com | RoofingTalk.com