[CAUT] Pricing of upright versus grand hammer installation

[Mary Smith]

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Hi,

Yea, I think Wim's on the right track here. Newton Hunt's "Guide" lists 
jobs by the number of hours it takes to perform each (approximately). My 
standard pricing procedure is to take my cost for the parts and multiply 
that by 40% to the customer. I then calculate the number of hours it takes 
me to do a certain job (I used to use "The Guide" a lot before I had done 
many of the listed jobs). Multiply that by my hourly rate, add it together 
with the cost for parts, and send in the bid. Ain't math wonderful? Oh, I 
also often "pad" the estimate by 10% or so to provide for unforeseen 
problems. After all, an estimate is an ESTIMATE, not the bottom line.

Mary

At 07:35 AM 4/11/2005 -0400, you wrote:
>In a message dated 4/9/2005 8:40:09 P.M. Central Standard Time, 
>jlolson@cal.net writes:
>No need to name specific prices -- which would doubtless violate some
>obscure anti-trust law -- I'm just interested in what people here think the
>"basic" price differential should be between installing grand and upright
>hammers, based on the respective labor typically necessary for the two
>(apart from the obvious purchase differential).
>
>After all these years, the question struck me with sudden force when I
>happened to undertake simultaneously three hammer hanging projects of
>each -- hammering home, so to speak, the relative difference in effort
>required.
>
>Best,
>
>JeffO
>
>Jeff
>
>You know the price difference between the parts, so what you want to know 
>is the price differential as far as how much time it takes to do each job. 
>In that case, you can probably answer your own question. If you are only 
>replacing hammers, does it take longer to remove upright hammers than 
>grand hammers? Is there time difference in traveling, spacing, and burning 
>upright hammers and grand hammers? Are you including regulating the action 
>too, and is there a difference between the two.
>
>Wim
>


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