More money talk (Mark-up)

[vxwestie]

I know everyone gets fed up at times with people asking "how much do you charge" but this question is based more on curiosity and comparison than help.
Normally on run of the mill projects I'm inclined to add 20-30% mark up on my materials, and find this works well in most situations. But, I've just been asked to tender for 4-5 jobs, each with only 3-4 days labour but with a material purchase price of £5000-£6000 for each individual job.
Its commercial work so I adjust my hourly rate accordingly and travel is taken care of.
What do others do with these kind of works? Stick to a 20-30% mark up on the materials, or trim it down?
Opinions gratefully received...

 

[Octopus]

I always trim my margin on high value items down to around 10 to 15%.

You need 25% min on small parts bit expensive items 30% will make you uncompetitive

 

[telectrix]

on jobs like that with a high value on materials i usually let the client buy the stuff.

1. he can then claim back the VAT as i'm not VAT registered.

2. i never get stung on materials by a bad or slow payer.

 

[vxwestie]

High value jobs are nothing new, but it's been a longtime since I've fitted such high value goods in such a short time.

I very rarely let clients buy materials, like all businesses I need to make money. I'm also vat registered so no worries there either.
Tend to agree with the principle of a 10-15% mark up in this case, just wondered what others do?

 

[Guest77]

I know everyone gets fed up at times with people asking "how much do you charge" but this question is based more on curiosity and comparison than help.
Normally on run of the mill projects I'm inclined to add 20-30% mark up on my materials, and find this works well in most situations. But, I've just been asked to tender for 4-5 jobs, each with only 3-4 days labour but with a material purchase price of £5000-£6000 for each individual job.
Its commercial work so I adjust my hourly rate accordingly and travel is taken care of.
What do others do with these kind of works? Stick to a 20-30% mark up on the materials, or trim it down?
Opinions gratefully received... 

Understand your question here, I would suggest 10% MAX, maybe even less depending on your hourly rates and overall profit.