Resi bid
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Add up all of your items add your markup,add the number of hours together and now you'll have a grand total price.
Do not tell them how many hours.
And do not tell them your hourly rate,it is non of their business.
No no no. I don't need to compete with handy Manny nor do I want to live in shantytown. Just #s for discussion. Price/sq.ft is out, along with hourly. Looks like I need to come up with prices for about 30 different openings now.
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what amount of time would you alot for devices and cans?
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most guys I think estimate specialized, dedicated, higher amperage circuits separately.
You don't? With custom homes to me that could be a problem. If it works for you, I'm all ears. I can see with just having one set price opening how that would greatly reduce time spent coming up with a figure.
I'm reviewing the last few houses I did and am trying to come up with something better than shooting from the hip.
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I dont bid jobs but a few of the guys I know who bid by device are between $72.50 and $100, Im fairly sure this is for basic items I.E a nice dimmer over a switch is extra (the guy who is near $100 does slightly higher end items).
As another disclaimer I DONT BID JOBS but the people mentioned above make a fine living with their methods, maybe more to it then I know I.E Im sure the panel is not bid at $75 (hardly gets ya 1 arc fault). If some of the guys on here release their secrets to bidding I'll eagerly read also.
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On small jobs I have done on my own i used Harry's method, and I used the electrical estimator book made by dewalt to calculate the time (didnt want to bid some things as fast as I could actually do them, figured the dewalt book would put me at a nice avg) worked great every time hard to lose money with that method.
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there's a cost analyzer sticky somewhere on the site look at that maybe that might help.
yes I separately estimate specialized circuits, dedicated circuits, higher amperage circuits, breaker panels then lumped in with the openings, factor in some profit. there's guys on this site that estimate Resi better than I can probably
yes I separately estimate specialized circuits, dedicated circuits, higher amperage circuits, breaker panels then lumped in with the openings, factor in some profit. there's guys on this site that estimate Resi better than I can probably
I know it's probably a bit archaic but years ago I slapped together some excell sheets for the Resi mainly customs I was doing. An old company I worked for did it that way for smaller (for them) jobs. There probably some estimating software that has all the bells and whistles, but I like the excell.
Of course you have to come up with 30 different things. Maybe 60 or so, if you unit price.
And each item (or assembly) should be based on every part of that assembly, then priced, labored, with OH&P and taxes added.
Why would you ever guess at this and not know what your COST is on EACH item?
It may be called estimating, but it's more of a science to determine what your true costs are
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