What is the most dough you have personally made on a single project? Just curious...
Hard to say. I had a long term contract on one job and the billing was pretty substantial, however, after paying subs, materials, etc., it was not what the billing was, however still pretty nice.
... I am not into baking.........
RADU
$42k on a single one hit type project (ALTA)
Well, since I have been at the company we have done a boundary survey for $180k, and several highway construction projects for over $300k. Unfortunately, all of that money did not belong to me.
Within 3 months of being in business I contracted for 1 project for $110,500. Unfortunately the economy put $60k on hold till things turn around. My first months billings were in excess of $25k. I didn't think that was too bad for only being a two person outfit.
> Hard to say. I had a long term contract on one job and the billing was pretty substantial, however, after paying subs, materials, etc., it was not what the billing was, however still pretty nice.
Yes sir, gross billings does not equal net profit
> $42k on a single one hit type project (ALTA)
You are awesome, thanks for not low balling it, if we could all keep a stream of these type jobs we would be in high cotton!
75k gross
Most straight up profit on a project,
15k
I am not sure what the most profit on a job was, but my last project had a budget around 7.5 million. Pretty different for me when the previous company I was at had annual revenues in the 2.5 million range.
> I am not sure what the most profit on a job was, but my last project had a budget around 7.5 million. Pretty different for me when the previous company I was at had annual revenues in the 2.5 million range.
Since this is a surveying website, I assumed everyone realized we were talking surveying and mapping projects. So you found a 7.5 million dollar surveying project, I must say that is pretty amazing.
The original question is how much have you personally made on one project?
65K over 6 years including trial.(private individual trying to save his property)
45K for a single ALTA, one job, one shot, but they came back year after year, so maybe that client totaled out in the 70k range... (large company client)
> Since this is a surveying website, I assumed everyone realized we were talking surveying and mapping projects. So you found a 7.5 million dollar surveying project, I must say that is pretty amazing.
>
> The original question is how much have you personally made on one project?
I personally make a regular paycheck so I'm assuming your OQ is directed at owners of larger firms, or solo owners who are aware of the NET profit $$ after overhead and project expenses are taken out.
> I personally make a regular paycheck so I'm assuming your OQ is directed at owners of larger firms, or solo owners who are aware of the NET profit $$ after overhead and project expenses are taken out.
Well, you can actually play along too Jared, for example: I helped market and win a surveying and mapping job back in the late 90's whose total gross billings over 4 years neared 3 million. I worked for a firm then and received a payceck of roughly 65k so in four years so I personally made 260k off that one surveying and mapping project.
The 7.5 million included boundary, aerial mapping, construction staking and SUE work. If you remove the SUE portion it was around 6.5 million for true surveying products. There are not many projects with that type of budget but some of the large infrastructure projects I see are bigger than that. Imagine the survey bill if the pipeline from Canada to the Gulf Coast gets approved.
> The 7.5 million included boundary, aerial mapping, construction staking and SUE work. If you remove the SUE portion it was around 6.5 million for true surveying products. There are not many projects with that type of budget but some of the large infrastructure projects I see are bigger than that. Imagine the survey bill if the pipeline from Canada to the Gulf Coast gets approved.
Awesome James!
Care to answer the original question? Do you own the company that won this project?
On a large subdivision, from start to finish over 4 years, working 50-60 hours a week, enough to move to Hawaii.:-)
No I don't own the company, that is why I stated I didn't know how much profit there was on a single project. I know I was told at my last employer that hourly rates are set to have between 10 and 15% profit margin and most large jobs are on an hourly scale, so it stands to reason that the profit on a job that size can be backed in from the overall budget number.
Sorry, But
I think that is an unprofessional question to ask or answer.
Randy
Sorry, But
Randy: I find your comment a bit strange. Why do you feel it would be "unprofessional"?