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5 Posts
Hello all.
I love this forum. what a wonderful resource and help. Many thanks.
I own a regional boutigue reseller of very high end protocol analysis software, hardware and the like. In the past 3 years, we have made a good niche for ourselves surveying, installing and troubleshooing wireless networks.
Here to fore, my pricing model has been fixed price. I only use my employees and empower them with best tools, HILTI, KLIEN, etc I can find. I try to treat my guys better than any of my bosses ever treated me - and I have been lucky to say the least.
That being said, I have a customer, whom I get the sense I could do a TON of business with, but they are asking me to quote them a project based on T & M? How does this work?
I mean I know how it fundamentally works, but what is fair?
The job will require standard electrical supplies, 3/4" conduit, clips, gang boxes, cat 5e cable etc.
I might need to buy say $1,000 more in tools, mostly duplicates to have two or more teams running in parallel.
For labor, I need a RF engineer (employee), conduit bender and low-voltage cable puller, an interior painter and a exterior artistic painter.
I will also need to rent at least one ariel lift.
I know what my costs are per unit - either materials or hourly rate. How do I present this to the customer? Anyone have any T & M scopes of work or change requests the would like to share offline - in confidence of course?
Many thanks. I really learn a lot here.
- ATG
I love this forum. what a wonderful resource and help. Many thanks.
I own a regional boutigue reseller of very high end protocol analysis software, hardware and the like. In the past 3 years, we have made a good niche for ourselves surveying, installing and troubleshooing wireless networks.
Here to fore, my pricing model has been fixed price. I only use my employees and empower them with best tools, HILTI, KLIEN, etc I can find. I try to treat my guys better than any of my bosses ever treated me - and I have been lucky to say the least.
That being said, I have a customer, whom I get the sense I could do a TON of business with, but they are asking me to quote them a project based on T & M? How does this work?
I mean I know how it fundamentally works, but what is fair?
The job will require standard electrical supplies, 3/4" conduit, clips, gang boxes, cat 5e cable etc.
I might need to buy say $1,000 more in tools, mostly duplicates to have two or more teams running in parallel.
For labor, I need a RF engineer (employee), conduit bender and low-voltage cable puller, an interior painter and a exterior artistic painter.
I will also need to rent at least one ariel lift.
I know what my costs are per unit - either materials or hourly rate. How do I present this to the customer? Anyone have any T & M scopes of work or change requests the would like to share offline - in confidence of course?
Many thanks. I really learn a lot here.
- ATG