I am putting together a bid on ~76,250 square feet of cedar shake roofing, and I have some questions.
1. how would you bid this thing? honestly, we are moderately high on deck and fence projects, but we stay busy with homeowners that are ok with that pricing. commercial jobs are a different animal, and i feel like we are going to bid ourselves out of this thing if i go with those prices.
my thoughts are to lower the initial price per square foot (mabye 5-10%), then charge that much for the first third, lower it another 10% for the second third, and another 10% for the last third. the only reason is because i see us getting faster and faster as the project goes.
2. how do i keep this thing from 'killing' my 'normal' business? my thoughts here are to work on this property three days a week (monday, tuesday and friday) and do normal (residential) jobs the other three (wednesday, thursday and saturday). i don't want to drag it out forever, but i don't want to shut the doors on my regular customers to get this done as quickly as humanly possible either.
3. is it ethical to ask for 'draws' on the project? and if so, how should i structure it? i cannot let this thing go to completion to collect one check. my business would literally die from lack of funds. i assume it wouldn't be abnormal to ask for draws from the total. e.g. ask for a draw for every 3-5 building completed (cleaned and stained.)
i obviously don't want to discuss my pricing on here, but would be willing via email.
please help me with any information you can. this is, by far, the largest job i have ever bid on. i feel very comfortable doing the work and it would be a big boost to my numbers this year, so i would like to get the job...just not at the expense of loosing tons of other work or loosing my a$$ on my pricing of this one.
it seems like a fine line...where does it not become profitable enough to continue pursuing?
thanks in advance for your help.
if you would prefer to contact me by email, it is located below.
I am putting together a bid on ~76,250 square feet of cedar shake roofing, and I have some questions.
1. how would you bid this thing? honestly, we are moderately high on deck and fence projects, but we stay busy with homeowners that are ok with that pricing. commercial jobs are a different animal, and i feel like we are going to bid ourselves out of this thing if i go with those prices.
my thoughts are to lower the initial price per square foot (mabye 5-10%), then charge that much for the first third, lower it another 10% for the second third, and another 10% for the last third. the only reason is because i see us getting faster and faster as the project goes.
2. how do i keep this thing from 'killing' my 'normal' business? my thoughts here are to work on this property three days a week (monday, tuesday and friday) and do normal (residential) jobs the other three (wednesday, thursday and saturday). i don't want to drag it out forever, but i don't want to shut the doors on my regular customers to get this done as quickly as humanly possible either.
3. is it ethical to ask for 'draws' on the project? and if so, how should i structure it? i cannot let this thing go to completion to collect one check. my business would literally die from lack of funds. i assume it wouldn't be abnormal to ask for draws from the total. e.g. ask for a draw for every 3-5 building completed (cleaned and stained.)
i obviously don't want to discuss my pricing on here, but would be willing via email.
please help me with any information you can. this is, by far, the largest job i have ever bid on. i feel very comfortable doing the work and it would be a big boost to my numbers this year, so i would like to get the job...just not at the expense of loosing tons of other work or loosing my a$$ on my pricing of this one.
it seems like a fine line...where does it not become profitable enough to continue pursuing?
thanks in advance for your help.
if you would prefer to contact me by email, it is located below.
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