Quote · Clinic · commercial
Q-1151
LostQuantock Clinic, clinic fit-out in Bristol: 132 m² floor. £42,450 ex VAT at 21.0% margin. Lost Fri 14 Aug: price over their budget.
- DraftedSat 1 AugBy Neil Barton, hours from the rule of thumb
- SentWed 5 AugTo Nicola Yeo, by email and in the portal
- Followed up10 Aug1 reminder, by email
- LostFri 14 AugPrice over their budget
How the price is built
Hours from the old rule of thumb, then materials, subcontract and margin
£42,450
ex VAT
Labour £6,470Materials £14,500Subcontract £12,550Margin £8,930
Labour£6,470
132m² floor×1.8h per m² of floor=237.5 h
237.5 h×£27.24an hour=£6,470to the nearest £10
1.8 h per m² of floor is the old rule of thumb. The 3 clinics and practices finished this year really took 1.94.
Materials£14,500
| Partitions, board and ceilings Avonmere Builders Merchants | £4,350 |
| Joinery timber and sheet Kestle Timber | £2,320 |
| Lighting and electrical Voltmere Electrical Wholesale | £2,900 |
| Safety flooring Cotsmoor Flooring Trade | £2,610 |
| Clinical sinks and taps Linmouth Bathroom Supply | £2,320 |
Subcontract£12,550
| Electrics and data Andy Rees Electrical, electrician | £5,650 |
| Plumbing Jon Haskins Plumbing and Heating, plumber | £4,390 |
| Floor laying Nick Weller Flooring, floor layer | £2,510 |
Cost£33,520
Price at a 21% margin, to the nearest £50£42,450
Margin£8,930, 21.0%
VAT 20%£8,490
Price inc VAT£50,940
On the true rate, it would have been
Same 132 m² floor, same materials and subcontract
Old ruleTrue rate
Hours per m² of floor1.81.94
Labour hours237.5 h256 h
Labour cost£6,470£6,970
Price ex VAT£42,450£43,050
Margin if it takes the true hours19.9%21.0%
This went out on the old rule and was lost: price over their budget. Priced on what clinics and practices really take, it would have been £43,050.
Where the hours come from
Every clinic job finished this year: hours from the timesheets, per m² of floor
3998Kingsmere Vets, 150 m² floor17 Jul1.81 h272 h vs 270.5 h3946Avonvale Podiatry, 93 m² floor26 Jan, imported2.06 h192 h vs 167 h3941Brookmead Hearing, 148 m² floor5 Jan, imported2 h296 h vs 266.5 h
Estimates on these jobs ran 13% over on hours before go-live (2 jobs), 1% since (1). 2 of them were imported from paper job sheets.
Client
Quantock Clinic48 Regent Street, Bristol
ContactNicola Yeo
Phone0117 496 0863
First in touch26 Jul 2026