Prevailing Wage Framing

DupuisConst

I'm a framing contractor in New England and I just recieved an invitation to bid from one of my GC's. Its a 10,000 square foot senior center, all wood framing with a truss roof. It's actually not a very complex design and seems like its just an oversized colonial house. I'm figuring it will take me 7 weeks with 6 carpenters and 1 laborer. Can anyone give me some advice on bidding on this project? I'm familiar with the prevailing wage rates. I have bid on these jobs before but i guess i must always be overcautious because i'm always bidding too high. What would you do in this case?

This is what I know. Right now the prevailing wage rate for a carpenter is 26.65 plus 16.21 for benefits in my state. which puts me at 42.86. Insurances, taxes, and overhead usually cost about 50% of the employees wages. (liability, comp, state, federal, and i always add a little for tool maintenance and purchase and vehicles.) so my cost is about $65.00 an hour per man. $65.00 by 40 hours per week by 7 men is $18,200.00 per week to run the crew. 7 weeks puts me at $127,400.00 to run the crew. what should i expect to make off this job? should I add a week as a buffer? HELP!!

kevjob

materials and labor? or just manhours to build?

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Kevin
Basement Finishing Highlands Ranch Colorado
Littleton Colorado, Basement Remodeling
Kitchen Remodeling Denver

KentWhitten

I'm assuming just labor. You sound like you're right there. 12.74/sf should be close, maybe a little low. I'd rather be long than wrong on a job like that. Been a long, long time since I've been on a prevailing wage job. It was 32/hr back when. Make sure you dot all your I's and cross the T's. And watch your back.

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If you correct your mind, the rest of your life will fall into place ~Lao Tzu

Custom Cabinetry - Portland, Cape Elizabeth, Scarborough, Kennebunkport, Yarmouth, Falmouth, Cumberland, Ogunquit, Maine

Salmon Falls Cabinetry

DupuisConst

Should I add 20 percent to that figure for profit? 127,400 is just to pay for the crew, no profit for me. plus if i go over by one week all my profits just vanished. Its a tough situation but i think i'm gonna go in at 175,000.00. please let me know if anyone thinks i'm making a mistake.

it is for labor only.

DupuisConst

I'm sure as hell gonna involve my lawyer on this one.

Chris Johnson

Prevailing wage is monitored by HUD, ALL payroll is certified, you say it is seven weeks, is that seven weeks, eight hours per day, 40 hours per week? All overtime is monitored by both the GC and HUD and must be paid weekly, no banking hours. Play safe I would keep profit @ 15% myself, no one will sneeze at that.

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Chris