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O & P as a supplement?

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Author
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August 22, 2013 at 1:16 p.m.

twill59

Is it possible to add O & P on after a job has been done?

August 27, 2013 at 8:47 a.m.

twill59

TomB Said: Heres a really - really stupid question; How can one stay in business if you dont get reimbursed for overhead and make a profit?

When you're doing Chuck & Bubba pricing, Ins. Work IS Profitable........the only thing they do that is profitable! :unsure:

Of course when you see what the Lawyers in Blue Jeans (Restoration subs) pay subs ( 40-50 a sq) there ain't much hope.... :side:

August 27, 2013 at 5:38 a.m.

TomB

OW - ;) - Very appropriate response! - You got a chuckle out of me

August 27, 2013 at 3:28 a.m.

OLE Willie

Caller: I think I've got storm damage. Could you come out and check my roof to see if it has damage?

Willie: NO, But thanks for the invite! ;)

I would call a company that's name ends in "restoration".

August 26, 2013 at 9:41 p.m.

TomB

I know - I know - It's the cursed/idiotic/criminal insurance game.....

August 26, 2013 at 9:37 p.m.

TomB

Here's a really - really stupid question; How can one stay in business if you don't get reimbursed for overhead and make a profit?

August 25, 2013 at 10:52 a.m.

Rockydog

Twill, O&P is generally reserved for General Contractors who do more than 3 trades on a job. If you're licensed to do the other stuff, or maybe you're in a state that you don't need to be licensed, and you contract to do that other work, yes, you should be entitled to O&P. Single trade contractors rarely get O&P.

August 22, 2013 at 5:49 p.m.

OLE Willie

I "claim" Overhead and Profit right up front with the rest.

Everytime! ;)

August 22, 2013 at 5:02 p.m.

twill59

Had adjuster troubles.

There was multiple damages. Wind. He asked me to just price the roofs. And I agreed.....but now I realize that if I took the other stuff, I'd be able to go for O&P.

Some window trim, a storm door, S&F .

Him was much smarter than me :(

Not a big loss by any stretch, but extra $'s is always bee good :cheer:

August 22, 2013 at 2:59 p.m.

pgriz

Well Tom, let us know when you figure out how to make it stick. Maybe I lack imagination, but my contracts are either fixed-price, or T&M. Or are you thinking of a very special case?


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