• About Us
  • Market Research
  • Newsletter
  • Reader Connect
  • Subscription

Search form

Social

  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • RSS

Electical Contractor

  • Home
  • Code & Standards
  • Safety
  • Lighting
  • Residential
  • Systems
  • Green Building
  • Your Business
  • Products
  • ECmagLIVE

Estimating

 
Change Orders: Asset or Agony?
July 2001
| under
  • Your Business

A change order can be a blessing or an albatross. We’ve all heard the joke about the contractor that bids a project at a loss, hoping to make it up on change orders.

READ MORE
 
Estimators, Distributors, Manufacturers: Divergent or Similar Goals?
June 2001
| under
  • Your Business

In the estimating process, quotations of specialized large-quantity lot, or project-specified materials will put the estimator in touch with the firm’s suppliers. Some contacts will also originate in the purchasing department.

READ MORE
 
Estimators, Distributors, Manufacturers: How Similar Are Their Goals?
by
Eric David
| May 2001
| under
  • Your Business

A survey states that electrical contractors buy over 90 percent of electrical materials.Cooperation between these parties is required to get these materials to a project. Electrical contractors determine the type and brand of about half the materials purchased.

READ MORE
 
Keeping Up with the Times to Avoid Costly Problems
April 2001
| under
  • Your Business

During the electrical industry’s history, changes have occurred at warp speed. Many of these ideas can create havoc for an estimator or estimating system that has not changed with the times.

READ MORE
 
Estimators Drive Their Own Continuing Education
March 2001
| under
  • Your Business

Unlike an electrical apprentice, who follows a finite curriculum and training termination, estimators have no such benchmarks. Instead, an estimator’s value is calculated from many points of interest, which places a burden on the estimator to continue training.

READ MORE
 
Entering the Growing Institutional Market
March 2001
| under
  • Your Business

At the beginning of 2000, industry forecasters from McGraw-Hill predicted increases in virtually all segments of electrical construction, except for the residential and office sectors.

READ MORE
 
Closing Manual and Computer Estimates
February 2001
| under
  • Your Business

If your estimate has followed any organized standard, assembling the factors should be less confusing than it is to those starting from scratch. Investing minimal time earlier to organize the estimate can make the final price one that the estimator can support.

READ MORE
 
Is It Overhead or a Direct Cost?
January 2001
| under
  • Your Business

There’s a thin line between overhead and direct costs in project estimating. Further implications exist in those direct costs that relate directly to project coordination. Many factors cause price fluctuations on the same project depending on the expected efficiencies of administering the project.

READ MORE
 
Calculating Net Profit Margins Is a Tricky Business
December 2000
| under
  • Your Business

When we began discussing overhead last month, we recognized that a number of variables affect the recovery of overhead expenses, and also that overhead expenses not only depend on contractor size, but also on operational efficiency.

READ MORE
 
Making the Nut: Overhead or Direct Costs
November 2000
| under
  • Your Business

When I first heard the expression “making the nut,” I wondered what it meant. Then, after watching a squirrel store nuts for winter consumption, I realized that this action depicted the operating costs also known as overhead.

READ MORE
 
Alphabet Soup in Purchasing Materials
October 2000
| under
  • Your Business

While construction abbreviations can be confusing, some merchandising terms are frightfully alien.

READ MORE
 
Dollars and Sense
September 2000
| under
  • Your Business

The NECA convention products showcase and various industry magazines demonstrate that many preassembled components, tools, and methods can be incorporated into most projects.

READ MORE
 
Last-minute Checks
August 2000
| under
  • Your Business

Assuming the estimate is beginning to shape up and there is time to take a “second look” at the projected bid, a variety of methods can be used to verify the numbers. The second check is used to ensure that the quantities priced, labored, extended, and totaled are accurate.

READ MORE
 
Scheduling for the Estimate
July 2000
| under
  • Your Business

Worrying about scheduling when preparing the estimate may seem superfluous. But a bid price based on a hypothetical rule of thumb can be dangerous.

READ MORE
 
Walk the Job Walk Before the Estimate
June 2000
| under
  • Your Business

The job walk, which is completed prior to estimating in the bid process, is an item of considerable disagreement within the estimating community. Many regard it as an excuse to escape from the office; this attitude can lead to serious problems.

READ MORE
 
How to Customize Labor Units to Estimates
May 2000
| under
  • Your Business

Last month's column covered some of the basics of the labor unit, including the need to factor it. Factoring is customizing the labor unit to fit the assumptions made while preparing the estimate.

READ MORE
 
The Listing Process
March 2000
| under
  • Your Business

Opinions differ on whether it's worth the time during the estimating stage of a project to compile a detailed materials list. If a job is estimated with the expectation of doing the work, then a rational materials list will save a second estimating process.

READ MORE
 
Manpower Shortages Affect Labor Units
February 2000
| under
  • Your Business

Estimating is like detective work. It involves collecting information, piece by piece, as details become available.

READ MORE
 
Listing Assembly Units Uniformly
January 2000
| under
  • Your Business

In a previous column, I discussed the transfer of symbol counts to the material listing sheets. Labor units are derived from the materials to be installed, so the complete listing of all nomenclature is critical. Using assembly units makes listing painless.

READ MORE
 
Understanding Labor Units
January 2000
| under
  • Your Business

The first distinction an estimator must accept is that a labor unit is not absolute; it is a benchmark, or starting point. This statement may sound odd, but ask yourself, if three electrical contractors undertook the same job, would all three complete the job in the same time?

READ MORE

Pages

  • « first
  • ‹ previous
  • …
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • next ›
  • last »

News and Announcements

IDEAL Gives Away First of Four SignalTEK II Cable Qualifiers
ESFI Encourages "Electrical Safety for All Ages" During 2013 National Electric Safety Month
Milwaukee Receives 2012 Leader in Sustainability Award
Leviton Receives $1 Million Funding to Install Electric Vehicle Charging Stations throughout New York
Bridgeport Found in Contempt in On-going Legal Battle With Arlington
Southwire Circuit Wire Management System Eliminates Wire Spool Hassles
See all Announcements

Social Media Feed

ECMagdotcom

  • ECMagdotcom
    ECMagdotcom One of our writers shared this with us:... t.co/kG4js4Z5qn
    2 weeks 1 day ago.
  • ECMagdotcom
    ECMagdotcom A reader forwarded a recent Times-News article about Electrical Inspector Chris Faucette showing some high school... t.co/ekVPodakg6
    2 weeks 3 days ago.
  • ECMagdotcom
    ECMagdotcom @USAILighting we enjoyed touring the booth and learning about the new products. Thanks
    3 weeks 3 days ago.
  • ElectricTV
    ElectricTV See how innovation & public policy are driving acceptance of LED lighting in this piece in @ecmagdotcom: t.co/MVCDePS9Kl
    3 weeks 4 days ago.
  • ECMagdotcom
    ECMagdotcom @GELighting predicts #LED makes up 70% of market by 2020. #LFI2013
    3 weeks 3 days ago.

Editor's Picks

Current Technology
2013 Construction Outlook
'Made in America' Making a Comeback
Dive Right In
Wireless Welcome Here

Most Active Articles

First Solar Power Tower Plant in United States to Use Molten Salt Storage
DOE Invests in Smart Grid Development
LIGHTCongress 2003 Wows Media
Big Rigs Getting a Good Night’s Rest
The Proof is in the Paper

Back To Top

Electrical Contractor

  • About Us
  • Contact
  • Contributors
  • Media Kit

Archives

  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005

Social

  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • RSS

Service

  • Site Help
  • Site Feedback
  • Subscription
  • Privacy Policy
  • Terms of Service

Join Our Mailing List

Please enter your information below to subscribe to ELECTRICAL CONTRACTOR's monthly e-newsletter.

  • NECANet
  • Conventions & Shows
  • NECA-MEI
  • NECA-NEIS
  • ELECTRI International
  • NECA Connection

© 2003 - 2012. All Rights Reserved.
Electrical Contractor: 3 Bethesda Metro Center, Suite 1100, Bethesda, MD. 20814-5372 | Phone: 301.657.3110 | Fax: 301.215.4501