Page 4 - National Electrical Price Guide
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ELECTRICAL RESOURCES, INC.
SERVICE AGREEMENT
1. INTENT:
Electrical Resources’ National Electrical Price Guide is designed to help you quickly and accurately
price and labor electrical materials from a single source rather than guessing or expending time
searching through various other references. The National Electrical Price Guide contains more
different types of electrical materials than any other updated price and labor service available.
The National Electrical Price Guide is arranged in a logical sequence of electrical construction
giving you a bill of materials in the order to be purchased, released and installed.
2. MATERIAL PRICES:
Materials are priced per each or per foot and do not contain markups. The Suggested Retail price
column, also referred to in the industry as third column, end column, trade net or best column,
are the manufacturers’ most current published prices. The Average Cost column represents the
national average purchase prices and are to be a guide to competitive pricing. However, competi-
tion within the industry, geographic locations, supply and demand, or non-competitive conditions
can at times produce differences between actual purchase prices and published average prices.
Therefore, you must monitor market conditions and make your price adjustments accordingly.
3. LABOR UNITS:
Material is labored per each or per foot in decimal equivalents of man-hours. For instance, .50
equals 1/2 of a man-hour or thirty minutes (see Decimal Equivalents of Hours and Minutes sheet).
The labor units shown are intended to be realistic productive units based on new construction
with good working conditions, productive electricians and on-time material supply.
The four columns of labor units represent installations ranging from 0’-6’ (ground level) to 15’-20’
(scaffold level), or depending on job conditions from LOW (easy) to X-HIGH (very difficult). For
installations above 20’, the following percentages are recommended for increasing the 15’-20’
labor column:
20’-25’ +35%
25’-30’ +40%
30’-35’ +50%
35’-40’ +55%
To determine which labor column is best suited for your business, take the material invoices from
a job you have previously completed and labor that material using the labor units from the National
Electrical Price Guide. After all material has been labored, compare the total labor hours to the
actual labor hours from your time sheets for that job.
Because change orders are not part of an original contract and must be handled separately, it is
suggested that the fourth labor column (15’-20’ or X-HIGH) be used to allow for additional lay out
time.