T&M agreement

[growler]

I need to break it down more like this and might end up making more by spending the time to do quote, but It's pretty easy to say T&M when your not sure of what you'll run into.:grin:

When you give a quote on a job like this you need to be very specific in your scope of work and allow for additional charges for any un-foreseen complications ( that's how you quote a job like this ).

As far a the homeowner pulling the electrical permit. If it's allowed then go for it. Never take any responsibility that you don't need to.

 

[satcom]

When you give a quote on a job like this you need to be very specific in your scope of work and allow for additional charges for any un-foreseen complications ( that's how you quote a job like this ).

That's all there is to it!

I would want to pull the permit, to assure the inspection is called in, it's my license on the line.

 

[ceb]

I need to break it down more like this and might end up making more by spending the time to do quote, but It's pretty easy to say T&M when your not sure of what you'll run into.:grin:

Thanks, JB

I will not quote a remodel it's t&m only.I do not care how careful you are trying to count every thing, figuring scope of work you will run into something you have never seen be for and it will cost you. The only way to quote on a remodel is if it an addition with clean walls, nothing to remove or tear out. but allow your self extra money for pulling new circuits from old panel to feed addition.

 

[satcom]

I will not quote a remodel it's t&m only.I do not care how careful you are trying to count every thing, figuring scope of work you will run into something you have never seen be for and it will cost you. The only way to quote on a remodel is if it an addition with clean walls, nothing to remove or tear out. but allow your self extra money for pulling new circuits from old panel to feed addition.

"figuring scope of work you will run into something you have never seen be for and it will cost you."

In your contract you need to allow for additional charges for any un-foreseen complications, unprofessional wiring, non standard construction, violations discovered on removal of finishes, or opening of boxes. Your contract has to spell out the un-forseen, on old work, and let them know in writing that additional charges will apply. You just write up a change order with the additional cost, when you find the un-forseen, and have them sign it on the spot.

T&M just keeps the customer stressed out, and they will still ask how long do you think it will take, and as soon as you give them a time your quoting the job, if you go over the time you guessed at they will be ready to argue the final payment.

I can't remember having problems loosing money, with any quoted, remodel old work jobs, you just have to do your homework, before quoting. It may be that we have been doing it for a while since our state requires a written contract with a known price for any job over $500, so it's not an option it's the law.

 

[Minuteman]

I will not quote a remodel it's t&m only.I do not care how careful you are trying to count every thing, figuring scope of work you will run into something you have never seen be for and it will cost you. The only way to quote on a remodel is if it an addition with clean walls, nothing to remove or tear out. but allow your self extra money for pulling new circuits from old panel to feed addition.

Along with allowing for additional charges for any un-foreseen complications in my contract, I also factor a little wiggle room. Round up a little on your take off and time estimate.

It sure helped today.

When I dropped in on my crew, guys took way less time running the circuit feeder than I expected. :smile:

When I drove back by to go to lunch with them, they had ran into a problem with the panel.

None the less, they finished right about when I thought they would!