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How to Bid Steel Edging

2:07
6.3K views

Video by Stanley "Dirt Monkey" Genadek

Stanley "Dirt Monkey" Genadek

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This project provides a step-by-step guide on how to calculate a profitable bid for steel landscaping edging. It covers determining material costs, factoring in labor rates, and adding appropriate percentages for profit and overhead to arrive at a competitive and easy-to-communicate final price.

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All right, our next edging level is steel edging. So, we put our blackjack in. Now, we're going to steel edging, which is our next most expensive option. Steel edging costs a lot more. The material cost is about $20 per 10 linear feet. When you break that down in a cost per linear foot, that gives us an average cost of $2 a linear foot. We want to have a little safety factor in there because uh we've got to pick it up after all and get it delivered. We're going to call it $2.25 per linear foot. hour. If our guy can put the same linear feet in, if our guy can put 30 linear feet in in an hour and we want to get $65 an hour for that guy, that cost per linear foot breaks down again to $216. So now we add our material cost of 225 per linear foot plus our labor cost of 216 and that gives us about $4.86 per linear foot. Now profit and overhead don't forget the 10% we add on to this. That comes out to be right around what is it? 50 cents a linear foot. But we're going to make all of our numbers round and even. If we stuck with that number, it' be 535. But I want our customers to have simple choices. Remember, everything breaks down to three simple choices. So, so far we have blackjack edging at $3.50 a linear foot. Now, steel edging will be in comparison about $5.50 a linear foot. Technically, it should be $5.35 a linear foot, but we don't want to make it confusing. So, we're going to make it simple for our customers. We're going to bump it up a little bit more and put some more change in our pocket at the same time.

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