Mike Holt Enterprises

Electrical contractors must know how to estimate to determine the job’s selling price, and to properly manage each job profitably. An unskilled estimator is still going to do a poor job of estimating, regardless of whether estimating software is used or not. It icludes:
• the scope of work (plan & spec review)
• understanding labor units
• estimate and bid notes
• the take-off
• determining bill-of-material
• pricing and labouring, and adjustments
• break-even and making profit