|
|
|
|
|
|
by ElKrist
1592 days ago
|
|
|
I share your view about making estimates and quotes. I get contractors to my house to help me renovate. It's just standard practice to get multiple tradesmen (>=3) to make a quote for the same job. I do that whenever the job is above $5000. I assume they must have a lot of other clients who do the same for lower thresholds too. I don't know the margins in each trade but I guess at least half of the quote is costs? For the transport, the time on-site, the time to make a quote (depends a lot on the job).. I believe they each spend at least half a day on this. Then you add various time-consuming items like phone calls, people canceling appointments, people changing their minds about what they want, time to chase unpaid invoices, dealing with other tradesmen on some projects... All of this for a 1/3 chance of getting the job ? Clearly some tradesmen are doing very well, but let's not pretend it's easy. As a contractor in software, I realized quickly I could and would only bill on a time-based approach. I've gone through the hassle of making a quote for a project with a lot of uncertainties and spanning over multiple months. At the end the client played with my weakness of being still quite young. He was older and much more experienced in legal & contract matters so he kept adding items pretending my contract was not fulfilled otherwise.. I ended up OK but would never go back to that anymore Now I only have to negotiate once or twice a year (with my latest and ongoing client it's been multiple years so even better) when tradesmen have to do that multiple times a week |
|
|
If I ever get another contract I'll be doing it your way: time-based via a settled hourly rate.