Open up a note on an iPad or a word document or excel spreadsheet and start listing a price for each thing. This might sound crazy but I have spent the last 5 years itemizing every single ”unit” I install and charging each individually. So an outlet is a unit, a device box is a unit, a foot of wire is a unit. For a service I charge per foot of service cable, flat rate for utility connections, mounting the meter base, mounting the panel, each breaker, per foot of ground wire, each ground rod, etc. The problem with this method is if you only put in one unit you don’t make much and if you put in a hundred units that are very easy you charge too much. So on the low end, I charge a minimum rate to stop me from doing a one outlet job and only getting paid the unit cost for one outlet and on the high end I developed a price reduction ratio that once a certain threshold is passed i reduce the price by a certain percentage. As the price goes up I have different thresholds and the higher they get the more percentage I take off (up to my max reduction). I’d be happy to send you the chart I made. Good luck, I had a very hard time with this subject in the beginning.Hello All,
I just recently passed my CR-11 licenseing exams am trying to find the best methods/ practices to competitively bid jobs. Any suggestions or recommendations would be greatly appreciated. Thank in advance!