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Installation Cost

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Is there a standard formula that you guys use when calculating installation costs? I'm basically asking this so that it doesn't sound like I'm throwing out numbers from thin air when I'm installing a CCTV system.

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Depends on the type of installation. If it is something simple like a 4 camera system with suspended ceiling, I just quote a flat rate plus an hourly rate should there be any complicating issues. Same with homes. If it is an industrial installation or a large commercial building, it is hourly. I burned myself a couple of times when I started in this business and know a lot better now. Same with mileage charges for out of town installs (I get a lot of those). And if it is a situation whereby you must stay overnight, check local hotel rates and factor those in with the costs for meals then quote a flat daily rate.

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