Typically it means you can run a 100' in 9.6 hours or 9.6/100= .096 per foot. So if you charge 95.00 an hour and you run 50' of 14/2 you would charge .096 x 50'=4.8 x 95.00=456.00 for 50' and this is just to run the wire only; however I would have to see whatever it is you are looking at as the labor per foot should be somewhere around .01 per foot and not .096. They must have put a labor factor on it for difficulty.
The above was an example for person who posted the question; however I win jobs all the time with my service rates using labor units right from accubid. This would be my price to run a 100' dedicated circuit in conduit. What would be yours? Labor only so, as our material prices are easy to figure. will saying runing through bar joist then down a sheet rock wall.You would never get a job using your service rate applied to labor units.
They are designed to use your shop rate, which is your average rate (your cost) of your entire shop, top to bottom (not including foremen, superintendent, management, etc)
Ours ran (before I retired) was around $28/hr, then add labor burden, OH&P
I guess that's what I'm trying to say. There is a huge difference between service work and jobs. In service you have to make up for the non-billable hours. They say in a year your true billable hours are between 1200-1500.Try doing that when you have a job with 8000 estimated man/hrs
Could you BE anymore precise?I think the question has been answered as to how to read 14-2, 9.6, c-hundred. As for the dollar amount to use is all dependent upon the area you work. We are union and have union rates that we charge, and for labor factoring that is dependent upon factors such as vertical rise of the building. There are many other factors, but I don't want to detract from the initial question.
Your average rate is YOUR average rate.Wanting to be more competitive on large Residential complexes.
What are some of you using for average labor rates? It will have around 4000 hrs.
Central Illinois area.