What is a Contractor Rate Sheet?
A contractor rate sheet template is a pdf form that can be filled out, edited or modified by anyone online. PDF (Portable Document Format) is a file format that captures all the elements of a printed document as an electronic image that you can view, navigate, print, or forward to someone else. PDF files are created using Adobe Acrobat or PDFSimpli. PDF files are more than images of documents. Portable Document Format (PDF) is a file format used to present and exchange documents reliably, independent of software, hardware, or operating system. Invented by Adobe, PDF is now an open standard maintained by the International Organization for Standardization (ISO).
How Do I Come Up With Rates?
With certain types of work, sometimes clients may ask you to suggest a project rate, rather than an hourly rate. Then what?
“It all comes down to figuring out how many hours it’s going to take you to do the work, so that in the end, your hourly rate for the whole project is fair to them and fair to you and makes ongoing sense,” says Phipps.
The key is to try to account for all of the working hours needed to land and complete the job. For instance, if you create a proposal up front that takes you two hours, or if you have to hop onto phone meetings every couple of days (and those 15-to-20-minute calls add up!), you should be paid for that time. “Once you’ve set a rate, it’s pretty difficult to change it, so think it through,” says Phipps.