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teaboyjim
I've always liked the idea of a day rate because a day rate can be more versatile
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Aye. The only way to be a winner is find trades who doesn't rip the p*ss and stick with them. They're not usually the cheapest but not usually the dearest either.I don't see how the householder is ever in a good position. Day rate: trader takes the p*ss. Job rate : lay-man householder is meant to check that corners aren't being cut (as is evidenced in half the posts on this forum)
I think agree 100% agree!Aye. The only way to be a winner is find trades who doesn't rip the p*ss and stick with them. They're not usually the cheapest but not usually the dearest either.
One place where a day rate is quite handy is when you're getting quotes for a job-
Can you recall what the markup that the contractors were usingIn a previous life (working for a council) any tenders received were deemed based on the contractors paying JIB rates, one essential that had to be listed on the quote was what markup the contractor was applying to wages.
How usual is it for builders/tradesman to cut corners if they're on priced work?I don't see how the householder is ever in a good position. Day rate: trader takes the p*ss. Job rate : lay-man householder is meant to check that corners aren't being cut (as is evidenced in half the posts on this forum)
Yep. Only way to find them- get friendly with local builders merchants, get friendly with BCO (they know who the chancers are), keep an eye out round your area for neighbours having work done, chat them up to find out how it went/is going- if they're pleased with the result (in normal times) they'll quite likely drag you in to admire & tell you how reasonable it was (you have to take their price info a bit cautiously, many will lowball it to make themselves look like a master haggler). If whatever you are doing can be done in discrete chunks it can work quite well to get your builder to do a smaller (3 -5k) chunk first & see how it goes. Be careful with this- some jobs will get much more expensive if you split them into bits.I think you're 100% right! It's very hard though because I think these types of tradesman/builders are sought out and are usually in strong demand and are well recommended and as such often don't advertise which makes them hard to find.
Joint Industry Board- used to set rates for electricians. And yes that's exactly what it looked like- 50% sounded outrageous but you needed 27% just to cover employers NI and holiday pay, have to add another few % now for the pension sketch.I don't know what JIB means and can you recall what the markup that the contractors were using. Presumably they would use a subcontractor such as a "carpenter" and pay the carpenter £175 per day and add on a certain percentage such as 30% - 50% at a guess?
Have you known people to do this before? I suppose for our species it really matters to us what others think..lolIf they're pleased with the result (in normal times) they'll quite likely drag you in to admire & tell you how reasonable it was (you have to take their price info a bit cautiously, many will lowball it to make themselves look like a master haggler).
That's a good idea!If whatever you are doing can be done in discrete chunks it can work quite well to get your builder to do a smaller (3 -5k) chunk first & see how it goes. Be careful with this- some jobs will get much more expensive if you split them into bits.
At this level things start to get complex and mistakes can be costlyUsually (for larger contracts) there's on costs as well (which is a markup applied to the whole thing- wages, materials, drawing fees, transport, the lot- this to pay the admin overhead that the contractor will incur (which again at first sight sounds a bit ripoff but it isn't, if you've got 30 or 40 working for you you won't have time to be on the tools yourself, you'll be busy keeping an eye on what they are doing, chasing new work, pricing and scheduling, all manner of stuff plus someone has to look after VAT, invoicing, HR, payroll, CPD, any scheme memberships that are required, all the rest of the admin stuff
I always factored in lost days messing about with cock ups when quoting.How usual is it for builders/tradesman to cut corners here and there if they're on priced work and how do you prevent that? Do you need to be more of a hands-on project manager?
No I'm not doing any kind of thesis. The father and son business you describe sound idealHowever, what we did was just old fashioned building work as a father and son business and we didn't make a fast buck off anybody. I'm not sure how you'd get on nowadays with materials, hire costs, contractors with fancy pick-up trucks, mobile phones and three pages of risk assessment before they get their boots muddy - all at your expense. I presume you're doing research for some sort of thesis?
I've heard builders and tradesman say that they reduce their rates for customers they likeAye, the 'firm' i use regularly is one bloke and the boy Jack, if he charges everyone else the same as he charges me he'll be on a comfortable living, no bling but no catfood sandwiches either. It may not hurt that I've known his (now) wife for about 35 years, long before he appeared (she did a Shirley Robinson, went on holiday and brought him back).
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