- ✓Write the estimate
- ✓Send it
- 3Get it signed
- 4Do the work, get paid
- 5Wrap up
Next: Check the labor priceLabor works out to $51 per crew-hour (144 crew-hours). Below $65 a crew-hour the work doesn't pay for the crew, truck, insurance and your time. At $72 labor would be about $10,368.
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1003-BRO · Estimate and scope of work
← Back to the job · Jordan Brooks · 88 Demo Road, Malta, NY
Estimate total
$14,400.00
Your direct costs
$5,700.00
Materials markup
$1,300.00
Pricing check
To see your floor price, set a target margin and an overhead % (or log enough jobs and RSC expenses for it to work out by itself) on the Pricing page.
Before overhead, this estimate leaves 60% over your direct costs.
Is the labor priced right?
144 crew-hours (figured from the crew and days below)
· labor $7,400.00 · $51 per crew-hour
· about 17% gross margin
Labor works out to $51 per crew-hour (144 crew-hours). Below $65 a crew-hour the work doesn't pay for the crew, truck, insurance and your time. At $72 labor would be about $10,368.
Estimated gross margin is 17% (after materials, subs and crew time at $43 an hour). The goal is 30%.
Materials markup is 25%. At 43% you'd keep about a 30% margin on materials after overhead.
Scope of work 8-10 days on site, weather permitting.
1. Demolition
- Remove old decking, rail and stairs.
2. Footings and framing
- Set piers and frame the deck.
3. Decking and stairs
- Install composite boards and stairs.
4. Rail and cleanup
- Install the rail.
- Haul debris.
Edit every number and step by hand
Payment schedule (preview)
| Payment ID | For | Due | Amount |
|---|---|---|---|
| 1003-BRO-1 | Schedule hold + all materials + 25% of labor | At acceptance of the estimate | $8,350.00 |
| 1003-BRO-2 | 25% of labor: Phases 1–2 | Upon completion of Phases 1–2, Steps 1–2 | $1,850.00 |
| 1003-BRO-3 | 25% of labor: Phase 3 | Upon completion of Phase 3, Step 3 | $1,850.00 |
| 1003-BRO-4 | 25% of labor: Phase 4 + debris / dump fee | Upon completion of Phase 4, Steps 4–5 | $2,350.00 |
"Contract signed" creates the payments, sets the contract total, and marks the job Signed. Save your changes first. The contract is a draft, not legal advice: have a New York attorney review it before it goes to a client.