Job Costing Lock Haven PA

Most estimators assume that eight hours on the jobsite are eight productive hours. With no job costing, you'll never discover how misguided that assumption is.

Local Companies

Glenn Larry Construction
(570) 748-8769
11 Spruce Dr
Lock Haven, PA
F & F Construction
(717) 737-1511
304 N 21st St
Camp Hill, PA
Didyoung Home Improvements
(570) 645-6252
Lansford, PA
Stein's Painting & Deck Restoration
(215) 357-5302
Feasterville Trevose, PA
D & D Homeworks
(570) 688-9799
16 Stony Brook Rd
Stroudsburg, PA
Berkich Construction
(724) 941-9494
331 Waterdam Rd
Mc Murray, PA
Al's Home Improvements
(610) 265-9112
141 Green Hill Rd
King Of Prussia, PA
Homecrafters Stores Inc
(610) 525-6033
Bryn Mawr, PA
Barefoot Floors Home Remodeling
(215) 552-9436
11500 Roosevelt Blvd
Philadelphia, PA
Dice Remodeling
(814) 445-7027
506 Sugar Maple Rd
Somerset, PA


There's a debate currently raging surrounding the relative merits of time and materials billing vs. fixed-price contracts.

In most respects, I think it's no contest: Fixed pricing wins hands down for lots of reasons. It holds the potential for higher margins. It provides a strong incentive to clients and remodelers alike to buy right. And it keeps clients' prying eyes away from parts of the business, like markup, that they wouldn't understand anyway.

There's a dark side to fixed-price contracts, however, and it has to do with what is perceived to be another advantage: Fixed-price contracts are easy to administrate.

What turns this advantage into a liability? Most remodelers working with fixed-price contracts pay attention to costs just long enough to price and sell the job. After that, they can apply for scheduled draws or so-called progress payments without ever taking another look at how the actual costs of construction squares with their estimate.

Paid as You Go

Unfortunately, profit depends not just on what you sell the job for but on how much you spend to produce it. T&M contracts won't solve this problem — they're too open-ended — but cost-plus contracts just might. They may be time-consuming to administrate, but so is job costing. That's why most remodelers either don't do it or wait until long after the job is over to find out whether or not they made any money.

Click here to read full article from Remodeling

Featured Local Company

Ed's Excavating

570-220-0687
99 Woodward Street
Williamsport, PA


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