Job Costing New Castle 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

East Coast Paving & SealCoating Inc.
724-654-8886
208 3Rd. Street
New Castle, PA
Independence2, LLC
985-215-1093
623 W. Liberty St.
Hubbard, OH
Richards Jeff Construction Co
(724) 654-1302
1046 Old Princeton Rd
New Castle, PA
Fulkerson Larry R
(724) 652-4022
2901 Spring Garden Ave
New Castle, PA
Housten Electric
(724) 652-9371
2417 Eastbrook Rd
New Castle, PA
J Winter Home Inspections
(724) 656-1790
3118 Mercer Rd
New Castle, PA
Thd At-Home Services Inc
(724) 924-2781
3035 New Butler Rd
New Castle, PA
Ceravolo Construction
(724) 375-1388
Aliquippa, PA
Albert Joel B
(215) 624-3188
Philadelphia, PA
Longenecker Construction
(717) 898-0522
2730 Shenck Rd
Manheim, 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

East Coast Paving & SealCoating Inc.

724-654-8886
208 3Rd. Street
New Castle, PA

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