Question for my fellow contractor/small business buddies out there.....
❓️When you're asked to quote for a fixed price project what method do you use to get to your price?
💲Lately, I've been quoting bigger and bigger jobs and always end up in a battle with myself trying to decide if I've got it right (or close enough).
📝 Depending on what upfront design information is provided (URS, P&ID & Signal List) I'll try to calculate the number of I/O and use this as the basis for my quote with the logic being the more I/O, the longer it will take.
I've had a couple of budgetary quote enquiries and I've ended up spending a good few hours putting something together (when I should have been doing work I've already got POs for!) 🙃
I'd even created a Rockwell Automation IAB (Integrated Architecture Builder), which generated the BOM (Bill of Materials) that I could quickly use to get a price from Routeco for the hardware.
Too many acronyms yet?
🤔 What do you all do to get to your price?
*Edit - please excuse the doors being open on the PSUs I usually click on the CPU to close all the module doors before taking a screenshot.
Also, given my preference (OCD) for organising the modules in a certain order I'm appaled at myself for going DO->DI->AI->AO when we all know it should be DI->DO->AI->AO. Please forgive me 🙏