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How we actually price a job

πŸ“… October 26, 2025 ⏱️ 1:02:02 🎀 Nick Schiffer, Tyler Grace

Chapters

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  • 0:00
    Anderson Windows Partnership
    The hosts introduce Anderson Windows as a sponsor, highlighting their firsthand experience with the manufacturing process of the 100 series windows and their quality.
  • 0:19
    AI in Estimating
    The hosts discuss the potential and limitations of using AI in job estimation, particularly in achieving accuracy and handling qualitative aspects.
  • 0:25
    Client Expectations & Process
    The conversation shifts to managing client expectations, the importance of communicating the pre-construction process, and the iterative nature of refining estimates.
  • 0:34
    Scope Gaps & Responsibility
    The hosts address the critical issue of scope gaps, how to account for them in estimates, and the general contractor's responsibility in managing these unknowns.
  • 0:46
    Site Protection & Quality
    A specific example of site protection costs illustrates how even seemingly small details impact the overall budget and client expectations regarding quality.
  • 0:55
    Client Fit & Non-Negotiables
    The discussion emphasizes the importance of finding the right client fit, understanding their values, and setting non-negotiable standards to protect one's reputation and business ethos.

Speakers

N
Nick Schiffer
Host
T
Tyler Grace
Host

Key Takeaways

✦

Implement a thorough pre-construction process to define scope, manage expectations, and reduce project risks, aiming for less than a 5% contingency line item by construction start.

✦

Utilize detailed spreadsheets (15,000-18,000 line items) and on-screen takeoff software to build estimates systematically, incorporating historical data and project comparisons.

✦

Actively communicate the entire construction process to clients, providing clear timelines and progress updates to manage anxiety and prevent delays.

✦

Draft clear scopes of work for each trade, requesting explicit exclusions and potential value engineering opportunities upfront to prevent budget overruns and misunderstandings.

✦

Account for scope gaps and quality differences by building in additional fees for self-performance or enhanced management to meet client expectations beyond a subcontractor's standard.

✦

Prioritize client fit by aligning your business's values and service level with what clients genuinely seek, rather than trying to convince them to adopt your standards.

✦

Establish clear non-negotiables in your process (e.g., site protection, management fees, material procurement) and communicate them early to protect your reputation and ensure project success.

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