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Hi All-
I am not a contractor, but I have worked for a concrete contractor for 3 last years as his Office Mgr. We are located on the Central Coast of California. My question is this:
When billing for a Time & Material project what would be the proper percentage to charge for profit & overhead?
We don't do alot of T&M, but I get complaints from customer's when they recieve their invoice, saying they've been over charged. Material are constantly going up in this state, and my boss is forced to adjust his P & O as a result. So,if there are any contractor's from California in this forum who are having the same problem, I would certainly appreciate your comments.
Thanks,
Denise
I am not a contractor, but I have worked for a concrete contractor for 3 last years as his Office Mgr. We are located on the Central Coast of California. My question is this:
When billing for a Time & Material project what would be the proper percentage to charge for profit & overhead?
We don't do alot of T&M, but I get complaints from customer's when they recieve their invoice, saying they've been over charged. Material are constantly going up in this state, and my boss is forced to adjust his P & O as a result. So,if there are any contractor's from California in this forum who are having the same problem, I would certainly appreciate your comments.
Thanks,
Denise