Thoughts on How To Price These Jobs?

[nlbhoy]

I just got an email from a guy I know from way back, he owns a good sized plumbing and heating
company (also has many rental properties) and he has asked me to put together quotes various electrical works.

Mostly heating related.

I've not long gone out on my own so I'm trying to get a handle on how to price effectively and having
other sparks opinions would be great.

Types of jobs I've to price for including labour and materials. I've put prices I was thinking of charging him next to the job. All work is domestic properties.

1. Run supply to boiler (£80)
2. Run supply to emersion heater (£100)
3. Run 10mm earth (if needed) (£80)
4. Wire and fit heat detector (£80)
5. Wire and fit smoke detectors (£70)
6. Wire and fit co detectors (£70)
7. Pat Testing house (£50 per house)
8. Electrical Condition report (£100)

I recently became an NIC Approved contractor which is obviously an added expense so I'm not wanting to
undervalue myself, but on the flip side I do want the work as it's steady and there's enough of it to fill my weeks!

 

[SJD]

No 8, an EICR, will depend very much on the size of the property - the £100 would barely cover the smallest property - assuming you plan to do it properly.

 

[Pete999]

I just got an email from a guy I know from way back, he owns a good sized plumbing and heating
company (also has many rental properties) and he has asked me to put together quotes various electrical works.

Mostly heating related.

I've not long gone out on my own so I'm trying to get a handle on how to price effectively and having
other sparks opinions would be great.

Types of jobs I've to price for including labour and materials. I've put prices I was thinking of charging him next to the job. All work is domestic properties.

1. Run supply to boiler (£80)
2. Run supply to emersion heater (£100)
3. Run 10mm earth (if needed) (£80)
4. Wire and fit heat detector (£80)
5. Wire and fit smoke detectors (£70)
6. Wire and fit co detectors (£70)
7. Pat Testing house (£50 per house)
8. Electrical Condition report (£100)

I recently became an NIC Approved contractor which is obviously an added expense so I'm not wanting to
undervalue myself, but on the flip side I do want the work as it's steady and there's enough of it to fill my weeks!

PAT test the house??

 

[stevethesparks]

And for 4,5 & 6 if you are supplying these detectors, you could end up being out of pocket. I hate to give set prices, a day rate plus materials is much more secure IMHO.
However, good luck with your new venture.

 

[nlbhoy]

PAT test the house??

Yeah, all appliances in the house.

Should have been more specific.

 

[HappyHippyDad]

I just got an email from a guy I know from way back, he owns a good sized plumbing and heating
company (also has many rental properties) and he has asked me to put together quotes various electrical works.

Mostly heating related.

I've not long gone out on my own so I'm trying to get a handle on how to price effectively and having
other sparks opinions would be great.

Types of jobs I've to price for including labour and materials. I've put prices I was thinking of charging him next to the job. All work is domestic properties.

1. Run supply to boiler (£80)
2. Run supply to emersion heater (£100)
3. Run 10mm earth (if needed) (£80)
4. Wire and fit heat detector (£80)
5. Wire and fit smoke detectors (£70)
6. Wire and fit co detectors (£70)
7. Pat Testing house (£50 per house)
8. Electrical Condition report (£100)

I recently became an NIC Approved contractor which is obviously an added expense so I'm not wanting to
undervalue myself, but on the flip side I do want the work as it's steady and there's enough of it to fill my weeks!

Perhaps you can give the chap a rough idea of the cost (as above), but I'd be very wary of saying 'this is what I will charge', as you may find some of the jobs really tricky. For example the 'running a new 10mm earth' (expect it'll be 16mm), could mean taking up floorboards all over the place (£200 approx) or everything may be really easy to access and it'll cost far, far less.

At a rough approximation I would say all of the above are too low.

 

[nlbhoy]

And for 4,5 & 6 if you are supplying these detectors, you could end up being out of pocket. I hate to give set prices, a day rate plus materials is much more secure IMHO.
However, good luck with your new venture.

Yeah, I'll be suppling all materials.

I've done a lot of detectors in rented properties with my old company, so I have a good idea of how long they can take
best and worst case. I have know idea what the company I worked for charged though!

 

[Midwest]

And for 4,5 & 6 if you are supplying these detectors, you could end up being out of pocket. I hate to give set prices, a day rate plus materials is much more secure IMHO.
However, good luck with your new venture.

Concur with that, decent heat alarm for example could set you back £45. Think you need to re think your prices.

 

[Pete999]

Yeah, all appliances in the house.

Should have been more specific.

£50 is a bit expensive IMO

 

[nlbhoy]

No 8, an EICR, will depend very much on the size of the property - the £100 would barely cover the smallest property - assuming you plan to do it properly.

Should have put £100/£200 depending on no of circuits/boards etc

 

[nlbhoy]

£50 is a bit expensive IMO

That price came from the last place I worked, they would charge £60 flat rate for a house/flat.

But I does seem a bit on the high side considering how much time it takes... maybe half that to £25?

 

[stevethesparks]

As a guide £25 per circuit with a minimum of £150

 

[HappyHippyDad]

£50 is a bit expensive IMO

I don't do PAT testing Pete but £50 to PAT test all appliances in the house? How long does a PAT test take? Perhaps they're really quick?

 

[stevethesparks]

That price came from the last place I worked, they would charge £60 flat rate for a house/flat.

But I does seem a bit on the high side considering how much time it takes... maybe half that to £25?

Don't screw yourself down, some of the smallest jobs may waste half a day, you're in business and each day needs paying for, minimum charge half a day unless you have several in close locality.

 

[Leesparkykent]

That price came from the last place I worked, they would charge £60 flat rate for a house/flat.

But I does seem a bit on the high side considering how much time it takes... maybe half that to £25?

I wouldn't say its high especially if you are going there just to pat test.