A rule of thumb is that employers need to charge three times an employee's hourly wage as a labor charge. That covers employee benefits, training, company tools buildings and other company overhead, and a reasonable profit.
If you don't plan to replace the bin, then I would think a partial payment for a "the price of a used bin" is actually fair to both parties.
If you need a bin and will replace it, then I would get three estimates for new bins and hold out for a new bin. When was the last time you had grain in the bin?
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Today's Featured Article - The Collection of a Lifetime - by Sherry Schaefer. The larest gathering of orphan tractors ever assembled by one collector will be auctioned off on May 15 in Rock Island, IL. Ed Spiess was a well known tractor buff who spent most of his time dreaming of rare and unknown tractors. His background as an agricultural engineer sparked his interest in the unique attributes of the models built from 1939-1959.
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