What is our rate

[executnr]

Ricebox...


Every job is different, I tend to price it out between $50 and $100 per part depending on how complex the assembly is. Sometimes it is straight analysis and/or a certification is required. Those I tend to quote depending on the job and my risk. I try to do a flat fee number but if they insist on an hourly rate, I say $65/hr Drafting, $85/hour calculation time, and $95+/hr for FEA work


I my case alot of the parts are replacement parts for OEM hardware and I can take into account the OEM replacement cost to set the bar for a project. If I know an assembly costs the client 100K from a OEM and the local shop can make it for 20K I might price myself around 30K for the design, even thought it is 2 hours worth of calculations for stamped drawings <-these are all fabricated numbers by the way..... The customer gets a less expensive, but fully functional part and end up paying less in the long run. Oh, I should also state that all my stuff is mechanical components for machinery and lifting hardware. Nothing in the HVAC or structural areas.....


Sometimes I even try to price myself out of the job if I am busy and can't comfortably take the work. And if they accept the bid, then things get uncomfortable for a bit and life goes on, but with a lot more money....


Good Luck


Wayne


www.ksdesignllc.com

 

[MFegenbush]

Sometimes I even try to price myself out of the job if I am busy and can't comfortably take the work.

I did this with a customer. I told him it would cost him twice as
much as it really would, and he comes back with "I was really hoping
for" and spouts off a price only $50 less. Needless to say I took
the job.



However, I do think this is a good practice if you have too much work,
as the price quote is how much money it would take for you to do this
job. If you're swamped, it would take more money for you to work
the job in. Makes sense to me, at least.



MFegenbush

 

[ricebox]

executnr,


Finally a thread started and an answer found from one of the users, the information helped a lot.


Thanks buddy!

 

[airion]

I just accepted a small job for my previous employer and I will be using his machine and ProE license ata rate of $25/hr. I wouldn't reccomend taking any less than that in the US, assuming you have a fair amount of experience using ProE. If I had more connections or opportunities for work, I would be charging more in order to get the most out of my time.


But how much is having your own computer and software worth? I think your rate in that case should be closer to $50/hr.


Also take into consideration how the job is quoted. You will likely be asked how many hours a project will take. If you don't estimate correctly you could end up putting in more hours and effectively reducing your hourly rate. Make sure the agreement is clear in advance of the specific goals of the project unless they are willing to pay a flat rate for the hours you submit.

 

[Mr.Plastic]

Rice,


I found this article on calculating a consulting rate


[url]http://erp.ittoolbox.com/browse.asp?c=ERPPeerPublishing& r=%2Fpub%2FKB032502%2Epdf[/url]

 

[ricebox]

Plastic,


Thanks, i will check it out.