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I should also add that the 30%margin is an overall target for the year, so some jobs will be higher, some lower. You might want to check with your gaffer if he has a similar target.
Many of his costs will be fixed. Most will be materials, and therefore variable - I would have thought.
You may well hate Ideal boilers Dan, but Billy is dealing with a 440 which is a Worcester!
I have certainly had a bad week!
First a Vizo which has had Necrotizing fasciitis and instructed by a Agent who forget they did not have a management contract with the landlady who is an Indian divorce lawyer who is very argumentative about boilers as if she is in the divorce court.
Next needing to remove a 56 kg Flamingo fitted near to the ceiling when the cust is buying a new table.
The "table" turns out to be a solid marble 1500mm diameter table top on a solid marble base which both look as if they weigh a ton. So now that its on the floor its too heavy to be moved and is seriously close to where the boiler has to be removed.
With a boiler so heavy I am dead scared of it falling and breaking this table which must have cost close to £2000!
Having to call on a property market friend who does weight lifting.
I priced a combi swop two weeks ago & the guy was very genuine, he showed me one of my competitors quotes. I closely calculated the cost price of the materials involved, and without any consideration for profits or overheads, the guy was doing the job for 50sheets!!! The domestic heating market in Scotland is shockingly cheap.
I have estimated work for projects from £20-£1,500,000, I know what I'm doing. That guy doesn't know what he's doing!!
There's firms in Scotland paying time served tradesmen £10/hour. The Plumbing & Central Heating industry here has been totally wiped out by course cowboys & chancers.
I priced the job up over the weekend, I went back to the gaffer with a price of £3400 for supply and install, I gave him my break down etc and how I came to the final costing.
He said, I was a little under what he priced for and started on about overheads etc so you guys were bang on about variations etc.
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