Pricing work away

[specs]

what part of London is it, I only ask as you might well need to add additional money for parking, for instance, I did a small job in Chelsea a while back and it was £6.00 per hour, in hampstead (if you can find a meter ) its £6.00 for 4 hours and of course if its central London you get the congestion charge, also allow for the odd parking ticket £80.00 a pop (40.00 if paid within 14 days ) last week I got 2, 1 for not parking entirely within the bay ( my rear tyre was outside of the markings) and the 2nd was because I was 5mins overdue. The parking gestapo are absolutely lethal here. Having said all that you may well be in a nice leafy suburb.

 

[Guitarist]

I'd say a ballpark figure of £1600 for what you've described, could be a little more or a little less. If they pass out, then you know that they're not serious.

 

[guest119]

Her next door neighbour or a friend might then want to use your services, word of mouth and all that.
Start as you mean to go on, with well worthwhile prices, in your favour.

Boydy

 

[SensesFailYou]

Well the job has changed now to the following (I have still not seen the job just what an electrician down their has said) What would you guys says fair for the following then i can see if it matches my total:
18 Double Sockets
22 Lighting points (Switches and Pendans)
Consumer unit
Earth to gas/Water
Test
And Reconnect and Test Kitchen Sockets and Cooker Circuits into New DB

Also as a seperate price what would you charge for:

3 Smokes/Heat iterlinked Aico Optical
5PIR Alarm System (Veritas)

Many thanks Guys

 

[tommy.dale]

Where in london is it though mate because although it's already been said prices for parking etc differ massively

 

[SensesFailYou]

kingston on thames mate, there is allocated parking so thats not a worry and would be staying in the house

 

[tommy.dale]

I was out in kingston 2 weeks ago wicked strippers round that way.......or so I have been told lol

 

[SensesFailYou]

may have to add some more onto the quote haha any idea what u would charge for all of that given its london etc

 

[Kate]

There are a few sparks on here (including me) who are not so confident at pricing...is anyone posting replies really good at it? Thought about lending your amazing services??

Id pay someone to do my pricing

 

[SensesFailYou]

i struggle with it because i dont want to rip anyone off but then i dont want to work my fingers to the bone for next to nothing lol. My old boss said you will underprice a few then notice your errors and soon learn to increase to a happy medium lol

 

[Kate]

Think I just struggle lol. I get really paranoid about missing something big out.

- - - Updated - - -

Its all about confidence

Seriously...I would pay

 

[SensesFailYou]

I have a price in mind for this but would be interesting to see what other people would price it at then i know if im in that ball park. The customer will have a quote from the sparky in London so im trying to guess what they will cost compared to my prices lol

 

[dan86]

.

 

[Richard Burns]

You are almost into rewire territory with that number of points, I would tend to price it on that basis, excluding the kitchen, etc.
As you have not seen it you cannot plan cable routes, furniture moving, type of flooring, type of walls, any other trades, so you will be at a bit of a guesstimate level whatever.

Work it out based on your expected parts plus labour basis add £400 for travel etc and then add another day for all the problems, and another £100 for getting parts, planning that you may need to encompass on site.

Then work it out based on say a price per point, cost of fuel plus contingency basis and compare the two.

Choose the middle ground and you should be somewhere near.
Include in your quote "any unanticipated structural or technical problems encountered will incur additional charges at the following rates..." or being nice "this price may vary once I have made an on site assessment, all changes will be advised asap"

 

[tommy.dale]

I've done a lot of work in and around the kingston, Richmond and twickenham area I'd go in £2500 anything less is robbery, I'd go in at £3000 if ur coming from up north, hope this helps

 

[Kate]

I've done a lot of work in and around the kingston, Richmond and twickenham area I'd go in £2500 anything less is robbery, I'd go in at £3000 if ur coming from up north, hope this helps

Oooo you said a magic word...richmond.
complete rewire 4bed house across 3floors. All MK. All chased. 3 BT points, 3 SKY points. 5amp points sitting room and master bed. Ballpark figure?

Ive already priced but its high and I have to tweak it.

Coming from south west, I added b&b and food allowance.

 

[Sintra]

Oooo you said a magic word...richmond.
complete rewire 4bed house across 3floors. All MK. All chased. 3 BT points, 3 SKY points. 5amp points sitting room and master bed. Ballpark figure?

Ive already priced but its high and I have to tweak it.

Coming from south west, I added b&b and food allowance.

Don't tweak it too much you're not far away with your price.

 

[Kate]

thanks

Im hoping at the minute its just that I have been very generous with allowed points. If they want it cheaper dont use MK. Simples

 

[Paultrim123321]

It's not your hourly rate your competing against, its the fact you have subsistence and travel costs which a local contractor simply won't have so unless you completely under cook your yourself you will always be slightly higher than local contractors to the client. If your hourly rate is competitive then you have to explain to your client what extra services they will be getting from you, the extra mile so to speak that will mean they end up choosing you over a local contractor.
As regard to actual expenditure, B&B's, takeaways etc are ideal ways of keeping costs low, if needs must.

 

[Paultrim123321]

Also, presuming your self employed and without stating the obvious, keep all receipts, fuel, subsistence etc which will help you claw some expenditure back at the end of your tax year.