Mike Dolt Enterprises
Mike Dolt Enterprises
User: ratrod56, Location: texas
Asked on: Thursday, March 17, 2011 at 4:35 pm EDT
Answered on: Tuesday, May 14, 2024 at 2:57 am EDT
Question: I am working on estimate for out of town work.From home to three cities and back is 1200 miles.1200 divided by 70 mph equals 17 hours.What should my hourly rate be for two guys sitting in a truck driving? Should it be 100% of what I normally charge or some other percentage?This hourly rate is in addition to hotel, fuel, per diems, and actual job. Thank you in advance!!!!
Hourly Rate for Driving
Determine your normal hourly rate for your services (without including travel time). Consider a percentage discount for the driving portion, as it does not involve active work. A common range is 50-75% of your normal rate. Example: If your normal hourly rate is $50, you might charge $25-$37.50 per hour for driving.
Calculation
17 hours (driving time) x $25-$37.50 (discounted hourly rate) = $425-$637.50
Additional Considerations
You may also consider charging a flat rate for the entire trip instead of an hourly rate. Clearly communicate your billing policy for driving time in your estimate or contract. Factor in the cost of tolls, parking, and other incidentals when estimating your expenses.
Example Estimate (Based on $30/hour driving rate)
Driving time: 17 hours x $30/hour = $510 Travel expenses: Hotel, fuel, per diems, etc. (estimate) = $600 Actual job (based on your estimate) = $2,000
Total Estimate: $3,110 Flag for review