Job Costing Rexburg ID

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

3 peaks maintenance & remodeling
208-589-5517
820 stevens drive
idaho falls, ID
Jeremie Russell Drywall Inc
(208) 589-5489
4175 Trenton
Idaho falls, ID
Carter Noah
(208) 344-5025
Boise, ID
Frost Painting
(208) 342-1350
1414 Heron St
Boise, ID
Budget Blinds
(208) 238-0807
Pocatello, ID
Satterwhite Paint Contracting
(208) 733-8490
424 Tyler St
Twin Falls, ID
Best Quality Home Services
(208) 365-3764
3229 Fuller Rd
Emmett, ID
Dittmann Enterprises
(208) 267-6222
Bonners Ferry, ID
A Shade Better Painting Inc
(208) 855-0575
655 E King St
Meridian, ID
Gammill Construction
(208) 376-7828
4802 Corporal St
Boise, ID


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

3 peaks maintenance & remodeling

208-589-5517
820 stevens drive
idaho falls, ID
www.3peaksremodeling.com


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