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Why do contractor’s charge
overhead on materials?
Do you go into a grocery store and declare
you pay only the cost that the grocer pays? NO. He has a lot of expenses, like
the utilities, the building, the advertising, the cleaning etc. not even to
mention taxes, worker’s comp and insurance.
So why do you ask contractors? Not to
mention, as a contractor we can typically purchase items for less than Joe
public because of the quantity that we purchase. So on some items you may still
be paying less than what you can buy it for.
I have had clients forbid any overhead or
mark-up. In those cases I have either denied the job or increased my wages to
compensate. A well established contractor knows what he has to clear to stay in
the business, and hence he has to make it somewhere.
And don’t bother a contractor by purchasing
material yourself to save money. In the end you are paying for it somewhere.
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