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Trade Leveling

Trade Leveling Report

Project: Office TI at 123 Main StTrade: Electrical
4 bids analyzedMedian: $15,350.00Adjusted Median: $17,120.00Range: $11,800.00 — $24,500.00Spread: 83%

Top Recommendation

Summit Electric — $14,500.00

Best value — comprehensive scope at a competitive price. Covers all reference items including low voltage and fire alarm.

Bid Comparison

Scope Comparison

Scope ItemSummit Electric#1Pacific Electrical#2QuickWire Co#3Premier Electrical#4
panel upgrade | circuit breaker installation | rough-in wiring | outlet installation | switch installation | lighting fixture hookup | low voltage rough-in | fire alarm wiring | dedicated hvac circuits✓✓✓✓
✓Included✗Excluded?Not mentioned—No scope detail

Value Score = Price (35%) + Completeness (45%) + Confidence (20%). Price is based on scope-adjusted amounts.

RankSubcontractorAmountLeveledValueFlags
1Summit Electric$14,500.00—87.6
—
2Pacific Electrical$16,200.00—78.9
—
3QuickWire Co$11,800.00$18,040.00(65%)52.4
—
4Premier Electrical$24,500.00—35.2
High

Bid Details

1Summit Electric

$14,500.00

87.6

Value Score

Price: 88.2— 4% below median adjusted price

Completeness: 95.0— Complete scope — all reference items covered

Confidence: 90.0— Detailed bid — inclusions and notes provided

Incl:Panel upgrade | Circuit breaker installation | Rough-in wiring | Outlet installation | Switch installation | Lighting fixture hookup | Low voltage rough-in | Fire alarm wiring | Dedicated HVAC circuits

Best value — comprehensive scope at a competitive price. Covers all reference items including low voltage and fire alarm.

Note: 3-week lead time. Licensed & insured. Includes permit coordination.

2Pacific Electrical

$16,200.00

78.9

Value Score

Price: 72.5— 7% above median adjusted price

Completeness: 92.0— Near-complete scope — 1 exclusion (EV charger rough-in) noted

Confidence: 100.0— Most detailed bid — inclusions, exclusions, and notes provided

Incl:Panel upgrade | Circuit breaker installation | Rough-in wiring | Outlet installation | Switch installation | Lighting fixture hookup | Low voltage rough-in | Fire alarm wiring | Dedicated HVAC circuits | Testing & inspection | Permit & fees
Excl:EV charger rough-in

Strong runner-up — most detailed scope with testing and permits included. Slightly higher price but maximum transparency.

Note: Includes final walk-through and punch list. 2-week lead time.

3QuickWire Co

$11,800.00($18,040.00 leveled)· 65% scope coverage

52.4

Value Score

Price: 95.0— Lowest raw price — 22% below median

Completeness: 38.0— Missing 3 scope items (low voltage rough-in, fire alarm wiring, dedicated HVAC circuits)

Confidence: 60.0— Basic bid — inclusions only, no exclusions listed

Incl:Panel upgrade | Circuit breaker installation | Rough-in wiring | Outlet installation | Switch installation | Lighting fixture hookup

Low price but significant scope gaps — missing low voltage, fire alarm, and HVAC circuits. Estimated $9,400 in additional costs when gaps are factored in.

Note: Can start immediately.

4Premier Electrical

$24,500.00

35.2

Value Score

Price: 18.0— 63% above median adjusted price

Completeness: 88.0— Near-complete scope — 1 exclusion (permit & fees) noted

Confidence: 100.0— Most detailed bid — inclusions, exclusions, and notes provided

Incl:Panel upgrade | Circuit breaker installation | Rough-in wiring | Outlet installation | Switch installation | Lighting fixture hookup | Low voltage rough-in | Fire alarm wiring | Dedicated HVAC circuits | Testing & inspection
Excl:Permit & fees

High outlier — 63% above median. Complete scope and detailed bid, but significantly overpriced compared to similar bids. Negotiate or request revised pricing.

Note: Premium contractor — 5-year warranty on all work.

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