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Re: Under bid on a job


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Posted by randallnMo on July 26, 2011 at 10:20:09 from (216.74.197.161):

In Reply to: Re: Under bid on a job posted by Mike (WA) on July 26, 2011 at 08:27:13:

Mike (WA), Your figures and facts are a bit "glorified". I own a construction company in Central Missouri. We bid and (sometimes) are low bidder on government contracts. We must pay prevailing wages on those contracts. Those wages vary depending upon the county of your state. I recently completed such a job. I paid my laborers $31.93 per hour. THis job took 3 months to complete. Each worker received approximately $9400.00 in gross wages for the total 3 months. Only one week, were we able to work a full 40 hour week (due to weather). So, on a yearly basis if we could stay employed, each of my guys would make approximately $37,000.00 per year. And you think that is a ridiculous amount?? We also are NOT union. ANYONE who bids on a job that is funded in any way with Federal money must comply with prevailing wage.....like it or not. It's tough bidding on any jobs these days. More than once I've been glad I wasn't "low bidder". And, for what it's worth, my workers made a ehll of a lot more "clear" money with this job than I did. Yes, they did the work. But I took all the risk and had to provide the operating money. All risky and no makey just don't cut it. Owners and management are too often raked over the coals for the profits they make. If I announced to all my workers that each of them would share equally in all the profits, they'd applaud. If I announce that each of them will share in all losses, they would all quit.


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