Yeti GOBOX Collection

Wyoming $75 NR application fee proposal and more...

Why would anyone take that school work for less than we are doing the rest.
What do you do for work? Are you bidding work every day and running projects?

Subcontractors have much higher margins than GCs do.
I'm not bidding it but yes I know what the number is and the margins are. Sometimes we are the gc other times we are a sub depends on what it is. We're not gonna go deal with all the school bullshit for less than half of what the other work we are bidding is. Maybe you guys are doing it different. Schools are a PIA for us but we generally make decent money at it.
 
Working on affordable housing projects that are subsidized isn't really being subsidized.

Beyond that, I can't find anything in regards to the industry being subsidized. Your graph only shows 2 years of there being any assistance. So nothing before then?

Not a head in the sand. I've been in the industry for a long time. Even government projects require contractors to bid the work, then the gov takes the lowest bidder. Per usual, they're absolutely shit to work with too.


Schools get money to do necessary upgrades. We do a bunch ever summer also. It's always publicly bid work and the margins are thin at best. General Contractors are bidding projects with about a 2.5-3% profit most of the time.


The most profitable work is negotiated work with clients. Anyone in my position will tell you the same thing. They'd rather work for an independent owner or company vs any type of government work. The profit is thin, and the people are what you'd expect.

Wow, that’s an impressively long winded way of saying you have your head up your ass.
 
Are you bidding work everyday?
Right now, yes. I always have new projects to look at and price.
Why would anyone take that school work for less than we are doing the rest.
I'm not bidding it but yes I know what the number is and the margins are. Sometimes we are the gc other times we are a sub depends on what it is. We're not gonna go deal with all the school bullshit for less than half of what the other work we are bidding is. Maybe you guys are doing it different. Schools are a PIA for us but we generally make decent money at it.
We do plenty of schools, but when we're bidding, the average profit rate a GC bids at is 2.5-3%

There's opportunity to make more profit, but negotiated work is way better.

Wow, that’s an impressively long winded way of saying you have your head up your ass.
Intelligent response. I'd expect nothing less from someone who has no clue what they're talking about. Just pasting Google search results.
 
Intelligent response. I'd expect nothing less from someone who has no clue what they're talking about. Just pasting Google search results.

I understand lucrative government contracts are essentially crony capitalism - Socialist Subsidy’s better looking cousin.
 
We still have to have to bid for clients also only difference is we get last look at quite a bit of it if they are a long time client and a chance to come in better than the next guy. We lose work the same way all the time to other companies who are doing the same.
 
I understand lucrative government contracts are essentially crony capitalism - Socialist Subsidy’s better looking cousin.
I understand that you think you're on to something, but you're not. There's nothing lucrative about government contracts. It's all publicly bid. Literally anyone can turn in a bid.
 
We still have to have to bid for clients also only difference is we get last look at quite a bit of it if they are a long time client and a chance to come in better than the next guy. We lose work the same way all the time to other companies who are doing the same.
Yep, but it's basically impossible to lose money on a cost plus fee contract.

Hard bid jobs that have lump sum contracts carry 10x the risk.
 
I understand lucrative government contracts are essentially crony capitalism - Socialist Subsidy’s better looking cousin.
Our local gov had a pole barn built with no floor for around a 100k more than what I paid for mine 6 miles down the road.

I’m not surprised that they have elect numb nuts pad my pocket book guy signs in their front yard.
 
Our local gov had a pole barn built with no floor for around a 100k more than what I paid for mine 6 miles down the road.

I’m not surprised that they have elect numb nuts pad my pocket book guy signs in their front yard.
They have to pay the gov employee to manage the project... all those benefits for the government employees cost a lot.

Right buzzard?
 
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