pricing of jobs. | Page 2 | on ElectriciansForums

Discuss pricing of jobs. in the Business Related area at ElectriciansForums.net

Materials at cost price is madness. Got to take into account time to order it, collect it, transport it, store it if a bulk buy, and in the event of a defect replacing it free of charge.
 
Materials at cost price is OK for some jobs, price per point is OK for some jobs, hourly rate is OK for some jobs, even pricing a job at break even is OK if it's going to bring the fat in on later work. It all depends on the job you're quoting for. If there was one simple pricing system that worked everytime, everyone would be using it.
 
Bloody hell, how do you guys manage? I'd ballpark about £4k-£5k for that lot incl materials without working it out accurately. That's a ton of work and you know there's going to be wasted days in there.
 
i really appreciate all the cander over this thread. it is all valued. as it was i posted the thead to see if there was a a logical way i could work out pricing, as i intend going self employed in june after many years of working for others. I was aware that i was doing the job for nothing. i had calculated the labour at around £2,400, after i had finished.
As it was i did the fatal error of doing a job for a friend. A friend as it was who really took advantage even with the price i gave. They changed the remit daily, and i must have done more work ontop of what i wrote down here. The assessor from elecsa was a little gob smacked as well. (nice guy though)
ontop of it all they clearly never appreciated the workdone, and thast really p+++ed me off.
I have learnt a valuable lesson, but to be honest i think they will regret it in the long run. Looking forward to going on my own though.

regards
 
£45 per point plus VAT usually works out ok for me, don't forget to price all 'non standard' items on their own tho. eg. downlighters, central heating controls, earthing etc. Add a bt to the 45 for 2way, 2 lights on one switch etc. You have to put a percentage on materials as you have a responsiblity to change them UG if they go wrong, If the customer wants it cheaper tell them to supply materials and then you can charge them to go back and fault find, remove, then replace offending faulty crap when it goes wrong.
 
I think my pricing is either way over the top or generally on the money and there are people looking to work pennies,i done a quote on a 3 bed detached,if i priced per point 102 of them at £45 and adjusted to take account of 23 downlights and other non standard fixtures,then it would be in the region of £4500-£4700,sounded over the top so i worked out materials then my labour and came in at £3400,got undercut by £800.Pricing in itself i think is a learning curve and its not until we have either done jobs for next to nothing and sold ourselves short or overpriced and been beaten that we get it right,sure i will get it right soon lol.
 

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