Mike Dolt Enterprises
Mike Dolt Enterprises
User: Finite10, Location: Great NW
Asked on: Saturday, March 19, 2011 at 12:52 am EDT
Answered on: Tuesday, May 14, 2024 at 3:01 am EDT
Question: There have been threads about bidding houses per sq foot, and per linear foot of NM-B.I have almost replied to 3 or 4 threads about bidding residential, so thought I'd just post one here;When I did residential, the EC bid per opening.Tougher devices were double; chime kit, smoke detector, disposal, cut-ins, can (RI can extra), high entry lights, tc.The EC would add a surcharge to builders that used the house for storage and full of scrap. He cut the rate for builders who had the house ready, empty, and swept before we arrived.What are you bidding per opening? What are you doing about difficult openings?
Bidding per Opening
Current per opening rates for electrical contractors in the residential market vary widely depending on the region, type of opening, and market conditions.
Standard Openings
Single switch/outlet: $50-$80 Double switch/outlet: $60-$90 GFCI outlet: $70-$100 Ceiling fan: $80-$120
Difficult Openings
High entry lights: $100-$150 Overhead lights: $60-$90 Wall-mounted TV: $90-$120 Smoke detectors: $40-$60 (usually included in code compliance) Disposal: $60-$90 Can lights (recessed): $100-$150 (if remodel)
Surcharges and Discounts Surcharge
Houses used for storage or full of scrap: 10-20%
Discount
Houses ready, empty, and swept: 5-10%
Other Considerations Labor Market
Availability and cost of skilled electricians
Material Costs
Fluctuations in copper and other materials
Competition
Number of electrical contractors in the area
Overhead
Contractor's expenses, such as insurance and equipment
Local Codes
Specific requirements that may impact costs
Tips for Bidding Estimate Accurately
Take measurements and inspect each opening carefully.
Negotiate with Builders
Discuss surcharges and discounts to ensure a fair price for both parties.
Consider the Market
Research current rates and factor in local market conditions.
Be Transparent
Clearly communicate the scope of work, materials, and cost breakdown to the customer.
Offer Value: Provide competitive pricing while highlighting the quality of materials and workmanship. Flag for review