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finster1

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I am bidding a job in North Jersey and I am still new to residential. The house is a partial teardown and a new large addition. I need to move the service and upgrade to 200amp. I have 140 holes and 70 recessed lights.Also there are 7 smokes/co figure 100 each. In my estimate I am thinking 50 per hole(ceiling/sconceboxes/switches/receptacle) all decora, 70 per recessed light and 1650 for qo service panel. What do you guys think and is there an estimating software that will teach me the numbers in my region..North Jersy...or is a question of trial and error. I know we are all in business to make money but I also like to do the right thing....What do you guys think. And dont forget if there is software for a one to two man shop that is worthwhile let me know, or give me the link and I'll do my own homework.

Thanks Finster
Licensed Electrical Contractor NJ
 
finster1 said:
I am bidding a job in North Jersey and I am still new to residential. The house is a partial teardown and a new large addition. I need to move the service and upgrade to 200amp. I have 140 holes and 70 recessed lights.Also there are 7 smokes/co figure 100 each. In my estimate I am thinking 50 per hole(ceiling/sconceboxes/switches/receptacle) all decora, 70 per recessed light and 1650 for qo service panel. What do you guys think and is there an estimating software that will teach me the numbers in my region..North Jersy...or is a question of trial and error. I know we are all in business to make money but I also like to do the right thing....What do you guys think. And dont forget if there is software for a one to two man shop that is worthwhile let me know, or give me the link and I'll do my own homework.

Thanks Finster
Licensed Electrical Contractor NJ
Click to expand...
what do you mean by holes? Holes that you have to drill through the framing? I'm confused.
 
$13,550. only if it is an overhead service. That is what you are charging according to what you say you want to.

In our area, that would be high which means in NJ is is probably about right.
 
IMO for Northern NJ, $70/ recessed light is far too low. You should be in the $100+ range. And $1650 is also too low for a 200 amp service. Don't forget to add in dollars for disconnecting existing stuff in the rip out portion of the house. And some of that stuff may require re-wiring.
 
finster1 said:
... there are 7 smokes/co figure 100 each.
...50 per hole(ceiling/sconceboxes/switches/receptacle) all decora,
....70 per recessed light and
....1650 for qo service panel.
Click to expand...

How are you arriving at these prices?
More importantly - what is the total manhours?

I charge about:
- smokes...$156, combo units..$211
- $70/recept ($75 for decora)
- $80/switch ($84 for decora)
- a 20A decora GFCI is about $95.

Home runs are a seperate cost at averaging about $2.25 ft, CB's cost ~ but in this instance, that number will be incorpoarted into the new service price - excluding any new home runs.

Fixtures are another animal - who is supplying the fixtures? Where is the cut sheet coming from? Not all fixtures are an easy install....basic ceiling fixtures rough cost $80; sconces $90 ~ this figure does NOT include the fixture hanging, nor the fixture itself - essentially, a roughed in box w/a pigtail for the other trades to gain some light by.
Speaking of temp. light - are you factoring in any time for temp light/power?

Recessed cans start at $165 - includes the fixture, lamp and a colifax(step baffle) trim...shower trims are extra.

200A OH service swap in SE starts at $2800

No offense, but I think your prices are way low.
Based on the numbers given, I'd would be in the 30k neighborhood w/200+/- manhours.
 
Im right with Celtic. 1600 for a service change? after your material and labor what is the point? 70 per high hat? the material is around 40$ given they are standard 6 inch. Why are you working so cheap? do you need the work? do you really need estimating software to tell you your not charging enough? I start at 2600-2700 for a really basic service change. And as of late Ive been thinking of increasing it. I start at 150 for a high hat. and it goes up given the can and situation.
 
What do you mean do the right thing? are you in the welfare business? Are you in the business of making money? Really think about it, 70bucks a can? what does it cost you in material alone? 10 for the can 10 for the trim, 10-15 bucks for the wire, 4 for the bulb, the switch, the labor, in the end what are you making on the can? and what does your service cost you in material? are you adding a mark up on the material? lets say conservitavely your materials are 500 bucks, and im sure they are a bit more and then you factor in your labor what do you expect to make on a service? 1000 bucks? thats not too good in my opinon. Service changes are one of the few money makers we have in theis buis, why sell yourself short?
 
Offensive

Offensive

Did I stir up the good, the bad and the ugly...Looking @ how many peple iwire knocked out.....Guys this is why I asked, all your input is appreciated and I'll charge accordingly...Like I said I am new to the residential market and do not have the slightest clue what you gys are charging, but all your input helps. Most of the pricing that is generic is generated in areas of the country where people are desperate for work...NJ is not one of those areas and people are always banging down the door looking for someone to come out. I just installed a bank af trayer switch gear and vacuum switches and I am sure guys not familiar with my market would have a beef with pricing and that would be expected. We're all here to help one another.....so again thank you
 
finster1 said:
Did I stir up the good, the bad and the ugly...Looking @ how many peple iwire knocked out.....
Click to expand...

WOW!!!
I'm afraid to ask what happened up there - LOL

finster1 said:
Guys this is why I asked, all your input is appreciated and I'll charge accordingly...Like I said I am new to the residential market and do not have the slightest clue what you gys are charging, but all your input helps.
Click to expand...
I'll give a small sampling :smile:
For every item in new work, create an "assembly".
An assembly is nothing more than a list of the parts needed to complete the average assembly - including:
- the cost of the goods
- your mark-up on the goods
- tax on the goods
- time to install the goods (manhours)
Here is a picture to illustrate this (is that redundant :) ):
d60e40fa.jpg


I have also included the manhours for "rough" and "finish" on any given assembly.

Creating the assemblies is the easy part - the difficult parts are:
- finding accurate prices for the goods[that can be updated daily at low cost]
- finding accurate man-hours for installing the goods
- determining a realistic rate to charge per hour.
 
celtic said:
WOW!!!
I'm afraid to ask what happened up there - LOL
Click to expand...

good thing I'm not:D

what happened there?

finster, if you really want to learn, it's simple....get a copy of a book, celtic will give you the proper name, called something like the Craftsman National Estimator...

utilize their labor hours, and get your real material costs...it will take time, but do a complete takeoff of the project...all material, labor, etc...add in your overhead and profit and see where you are...

simply guessing at prices per opening based on what guys before you have said is suicide...

figure it out from A to Z and be ready to be surprised....
 
emahler said:
good thing I'm not:D

what happened there?
Click to expand...
LMAO :D



emahler said:
finster, if you really want to learn, it's simple....get a copy of a book, celtic will give you the proper name, called something like the Craftsman National Estimator...
Click to expand...
HDWSCD.jpg

(Home Depot Worksite CD ~ HD WS CD)
FREE...IF you can find it (yes, that is a big "if" ~ LOL)
HD has this online version (Quote Estimator)...I haven't tried it.

The National Electrical Estimator (TNE) is about $40 at amazon.

The major difference (other than the bank breaking 40 bucks) is the updating...with the HD WS CD I can update pricing as often as HD does (daily)...TNE is updated monthly(?) ~ and charges a fee.


emahler said:
figure it out from A to Z and be ready to be surprised....
Click to expand...
I'm working the numbers for 200A OH services now.
I just want to see if my price is truly accurate.
(FYI...200A OH starts at $2800 w/SE)
 
celtic said:
LMAO :D



HDWSCD.jpg

(Home Depot Worksite CD ~ HD WS CD)
FREE...IF you can find it (yes, that is a big "if" ~ LOL)
HD has this online version (Quote Estimator)...I haven't tried it.

The National Electrical Estimator (TNE) is about $40 at amazon.

The major difference (other than the bank breaking 40 bucks) is the updating...with the HD WS CD I can update pricing as often as HD does (daily)...TNE is updated monthly(?) ~ and charges a fee.



I'm working the numbers for 200A OH services now.
I just want to see if my price is truly accurate.
(FYI...200A OH starts at $2800 w/SE)
Click to expand...
Does that program do electrical as well, It looked more towards building.
 
jmsbrush said:
Does that program do electrical as well, It looked more towards building.
Click to expand...
It does it all :D

Look at the trades listed here:

Crewcodesandwagerates.jpg



I could price out my own deck job and shop MY price to contractors :wink:


BTW, you can adjust the wage rates however you see fit.
 
jmsbrush said:
Does that program do electrical as well, It looked more towards building.
Click to expand...

Yes. Works pretty good, use it all the time. But the way they list an item is non-Navy. Usually you would expect the noun first like...Box, electrical, non-mettalic, blue. But they might use the verb first like...blue box (not an actual listing, just an example).

And, the technical descriptions are pretty skimpy.

But, it's free!:D
 
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