$3.50
Prevailing Wage markup question
Hi all,
I was wondering how much the markup for prevailing wage is when you bid on public works for labor only. For example if the prevailing wage for an electrician wire man is $75/hr by how much do you guys mark it up after all expenses like workman comp insurance and all the other stuff.
Thanks
Josh
I was wondering how much the markup for prevailing wage is when you bid on public works for labor only. For example if the prevailing wage for an electrician wire man is $75/hr by how much do you guys mark it up after all expenses like workman comp insurance and all the other stuff.
Thanks
Josh
1 - 7 of 7 Posts
Hi all,
I was wondering how much the markup for prevailing wage is when you bid on public works for labor only. For example if the prevailing wage for an electrician wire man is $75/hr by how much do you guys mark it up after all expenses like workman comp insurance and all the other stuff.
Thanks
Josh
Whatever the market will bear,
pay the electrician,
keep the rest.
pay the electrician,
keep the rest.
Come on giys, give me some serious answer
I am looking for any of you guys who do public works, I appreciate a good answer.
I am looking for any of you guys who do public works, I appreciate a good answer.
Only you know what you require to stay in business... http://www.contractortalk.com/f16/pricing-estimating-success-27899/
Don't forget that higher wages = more $ for taxes that you have to pay (your portion of SS / Medicare/ etc...) Good news - your WC rates may drop a little based on the wage being paid, but you will have to check on that
Don't forget that higher wages = more $ for taxes that you have to pay (your portion of SS / Medicare/ etc...) Good news - your WC rates may drop a little based on the wage being paid, but you will have to check on that
Hi all,
I was wondering how much the markup for prevailing wage is when you bid on public works for labor only. For example if the prevailing wage for an electrician wire man is $75/hr by how much do you guys mark it up after all expenses like workman comp insurance and all the other stuff.
Thanks
Josh
Whatever the market will bear,
pay the electrician,
keep the rest.
I am looking for any of you guys who do public works, I appreciate a good answer.
It may not be a good answer but
it's the only answer I've got.
:laughing:
it's the only answer I've got.
:laughing:
1 - 7 of 7 Posts
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