Pricing

[fishnchips]

Would you guys consider this to be a fair price? Do you think my time allowance and costing is fair to myself and customer? Any other thoughts?

its a full heating system, new pipework, pipes chased into walls for the drops, changing from gravity hot water to unvented, installing lpg cooker inc changeover valve- allowed £200 to cover materials and time, services into room which will now be a utility, install a power shower which I've allowed £200 to cover time and materials, 1500lbundled oil tank, possibly a new base, oil supply inc fire valve, 13 rads @ £750, 210l unvented hot water, 18/25 worcester system, wireless controls, zone valves, pipe and fittings

ive allowed in my price a week for two @ 150 a day so £2100. All materials are £6k so a price of £8k
i am often registered

i don't expect anyone to price it for me but would appreciate it if anyone who's carried out a similar job to tell me what my price is like as I think sometimes it can let me down when trying to win a decent job.

thanks and have a great day!!

 

[Atouchofgas]

Fishnchips we don't discuss prices in the open forum,

 

[Unregistered]

Oh no, anyway it can be taken off, sorry for that

 

[hammers4spanner]

I will comment £150 for all that LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

 

[Ray Stafford]

I won't comment on the post above, but I will comment as follows:

In our 2014 labour rate survey, which is already in the public domain, the median hourly rate for Gas work (I appreciate this is oil, but its good comparator) is £40p/h giving a daily rate of £320 based on an 8 hr day. And that was the median - 50% of respondents were dearer than that! Even the bottom decile (lowest 10%) charged £25 per hour, or £200 for an 8 hr day.

And to supply materials without marking them up is charity at best, and a slow train to the bankruptcy court at worst. When you supply materials you are taking on the obligations of the supplier. These obligations cannot be discharged without cost, so you should no more supply materials without a markup than your merchant should.

 

[joni os]

If you turnover 8K in one week you'll soon be registering for VAT.
If client wants materials at trade price, let them do the buying.

 

[oz-plumber]

Go do a business course.

And besides that a weeks work is generally 5 days - not 7.

The again, re-read your post.
Don't worry about the business course, just double you labour rate and put 25% markup on your materials, you might still be the cheapest quote - maybe only in the single figure range.

 

[LPC]

All I will say is way way way too cheap on labour. Way.

 

[plumben]

I think you need to sit down and work out your expenses and re think your price,
£150x0.80=£120 after tax less expenses, mine are around £50 a day and I'm not GSR yet
So that'd be £70 wage a day, 8 hour day £8.75 per hour

 

[walterwhite]

Does sound cheap. You might get halfway through the job and then regret your quote. Sound advice from Mr Stafford above8

 

[gav85]

seems your labour charge is a bit shy don't under sell urself