Tyler Grace
speaker
689 appearances
1 recordings
1 series
first heard Sep 2025
last heard Sep 2025
Tyler Grace’s voice in public audio — every appearance, attributed to the second.
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Appearances
Totally.
For years.
So pretty instantly, I started getting paid for eight hours of my time in an eight-hour day.
And it's not that I was necessarily making more money.
I was just working way less.
So I could work a normal amount of hours in a year and get paid for it and have nights and weekends free and not wind up in the hospital.
The biggest difference is that...
There's a lot of similarities and there's actually a lot of similarities.
I think I could go back to fixed costs now and be profitable.
For me, the biggest difference between T&M, I have designated markups.
My markups as a T&M contractor on subcontractors and on materials is higher than a cost plus contractor.
So most cost plus contractors are anywhere from like 12% to 20% plus contractors.
Because I do so much less work, if I was working on a 12% to 20% markup, I would make no money, right?
So I'm going to be in 35%, 40% markup on a lot of my items that are time and material.
But that's fully disclosed in the contract beforehand.
And then also, my labor rate is a loaded labor rate.
So in...
in cost plus, you have designated rates or market rates, and then you have your plus on top of it.
I don't have my plus on top of it.
So when I have a contract, I have my labor rates all spelled out, but they're loaded labor rates.
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