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Wolf;13151 said:
There's a lot of talk and not much action. Getting worse before better in my opinion.
I seemed to get that same feeling, a lot of upcoming projects are breaking free, but this "TARP" really hasn't done much of anything, except keep some companies from laying off everyone. Companies can only afford to keep the workers they've got, not hiring any.
Remember last year about this time the whole country seemed like it was in one huge winter storm on daily basis, even up here in Seattle. I know a lot of companies had horrible 4th quarters last year.
12:07 PM
There's a lot of talk and not much action. Getting worse before better in my opinion.
How does this november and december compare to this time last year. I laid off 95% of my work force this time last year. This year we have noticed it has picked up somewhat, but still not anywhere near what it used to be.http://denglerdemolition.com/
12:09 PM
In Connecticut here. It seems like that all of my bids are ending up in a black hole somewhere. For a smaller company we did put out 20 bids in the April, which is a busy month. I have found that there are a lot more people at the public walk throughs. I was at one recently for a $30,000 job and there must have been 40 contractors there. Our private sector clients are still doing work but it seems like the big projects ($100,000 +) have taken a back burner for the smaller ones. Keep chopping wood fellas, it'll turn around.
The stimulus money has started some heavy highway work around my area and thats great for the unoins and the big outfits with the $100 mil in bonding .Not much seems to trickle down to us small potatoes guys. The unoin operators are working a lot more than the non unoin crowd around here.
Seems like everyone is waiting for this "stimulus" packages to kick in. So far it's really done nothing. But today's unemployment report shows a good sign, so maybe we are on our way out of this thing yet.
Business is still shit and everybody i talk to here in jersey is slow.Any good news out there anywhere .
I talked with a few demo guys in the past week around here and they are feeling a little more optimistic lately. Their bidding has definitely pick-ed up in the past month.
Turbo21835@hotmail.com;11420 said:
I know at least one underground contractor here has some upcoming issues. Seems they bid on prevailing wage jobs, then continue to pay their normal hourly rates.
That will catch up with them soon, someone will say something.
7:53 AM
December 5, 2008
Offline
Here in Texas things are the same...Lot's of Bidders and things going for below cost. One thing that is working in our direction is the amount of Public bids that work on the rating system. We were awarded a job recently that we were third in line by a large margin, but after reviewing all the bids, the city awarded the project to us because we were the best value bid. The city claims that we were the best for time and money when we were over $100,000 more than the lowest bid.
Here in jersey things are very slow. At public bids there are 18 to 24 bidders.The guys that are getting the work are new guys and other trades with bonding ,trying their hand at demo.The bids are always coming in below cost.Private work is real slow also.The few demo guys that say they are busy are working for nothing.My industrial customers won't do anything unless they have too ,because they think scrap might go up again. Most of the commercial jobs just seem to be on indefinite hold.
nitrox2595;11379 said:
ALot of bidding, some work. I have $ companies and they are all hurting. But people NEED to realize that lowering prices just to get the work, is compounding the problems. Stick to your price and we all will make money.
I also couldn't agree more!
What you need to do is take a look inside your own organization. Make sure your getting the most out of everybody, your profit is right where you want it to be, and as said it before and I will say it again, offer more than your competitors, ie give them a dumpster, although they pay the tipping fees, but if you charge for daily fees or pickup/drop off waive for the first couple of pick-up/drops.
Its bad out there. I just lost a small $80,000.00 bid that i know was a tight number period. My number the same project last summer was $120,000.00 and i was low then. they decided to hold up on the project. they put it out for bid last month and the overall project came in at 30% lower than the bid last summer. The demo went for $67,000.00 I had last look and had to walk away from it.
If I had a building to rehab or build I would have it done because there are some real deals out there on construction
Just started a project Monday that should have started last December. I have bids in the pipeline but commitments are slow. I think most are watching to see what the Q2 looks like before committing.
I do have some property leased on a three year lease, so that is bringing in some cash flow.
Im with you nitrox 2595 !!! the last thing anyone can do is be stuck on a bad job when a good one comes along ! i know , I've done it to many times !!!
ALot of bidding, some work. I have $ companies and they are all hurting. But people NEED to realize that lowering prices just to get the work, is compounding the problems. Stick to your price and we all will make money.
Maine - Completely dead on residential sitework & demo, Real Estate sales dead , commercial sitework is down but seems to me quite a few things still going on. Double the amount of contractors at the prebid meetings.
Were keeping busy only becuase we offer a half dozen different services and everyone has something little going on. doug
I have heard mixed reactions of companies out there. Some are saying they are busy, some say they are really slow. With the scrap market taking huge hits, a lot if the big boys took some hits as well.
I do know on some of the larger projects 2-3 times more demo guys are showing up. I would love to here from more here and see what they have to say.
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