Bidding on a building...

[Tobuscus]

When you bid (x cents per sq. ft.) on a building, are you bidding for the price-per-day?

If a building is 13,000 sq ft, and 10 cents per sq. ft., $1300... per... what? $1300/day seems crazy-high.

Thanks!

[rogercbryan]

No... if you are looking for a lease you are agreeing to a monthly rate.

[Tobuscus]

So it'd be $1300/month? It's cleaned 5 times a week, 13,000 sq ft - so to correct for it being only $1300/m, would you just increase the price per sq ft a lot?

Right now I believe they pay $43k/year, so... is their agreement probably 27 cents per sq ft?

[BusinessAdviser]

You're just rambling, unless I'm missing something. What is the situation? What are you trying to figure out?

[Tobuscus]

I'm just trying to figure out if the city pays $43k/year to have a building cleaned 5 days a week, what price is on the bid, per sq. ft.?

If the price is calculated in cents/sq. ft./month, since they're currently paying $43k/year, are they paying 27 cents per sq ft?

What's a good price for a commercial building per sq ft? Is that why it's so high?

[BusinessAdviser]

Ok. I suppose I didn't make myself clear.

Are you considering buying a commercial property? Are you considering leasing commercial property for use? Are you just curious like a cat and have a nagging question that you can't answer?

[Tobuscus]

They don't like their cleaning service, they're ready to change companies, and I'm trying to figure out what amount I should bid.

Also - it's a 13,000 sq ft building, and they want it in "cents per sq. ft." form (I figured that was standard) - so if they currently pay $43k/year to have their building cleaned 5 times a week, how many cents per sq ft are they currently paying?

Typically, is "cents per sq. ft." an estimate of how much you'd charge for each time you cleaned the area? Or x cents a month per sq ft, as Roger said?

Sorry, this is basically two questions in one. Is "cents per sq ft" paid each time you clean it, or just once a month, and how many cents per sq ft is $43k/year?

[BusinessAdviser]

They don't like their cleaning service, they're ready to change companies, and I'm trying to figure out what amount I should bid.

Also - it's a 13,000 sq ft building, and they want it in "cents per sq. ft." form (I figured that was standard) - so if they currently pay $43k/year to have their building cleaned 5 times a week, how many cents per sq ft are they currently paying?

Typically, is "cents per sq. ft." an estimate of how much you'd charge for each time you cleaned the area? Or x cents a month per sq ft, as Roger said?

Sorry, this is basically two questions in one. Is "cents per sq ft" paid each time you clean it, or just once a month, and how many cents per sq ft is $43k/year?

OK, so you own a cleaning company which cleans commercial property. That is very helpful information.

I think you're asking the wrong people though. Contact the building owner and ask.

[eConstructive]

I don't think that contacting the building owner is the best possible option, since a) He/she/they probably won't want to divulge that information and b) If he/she/they is/are part of or in any way connected to those you are bidding to, you may make yourself seem like a fresh starter which can potentially put them off the idea of giving you the contract in the first place - especially if they've already experienced working with a Cleaning Company that doesn't know how to carry out their services properly.

I'm not sure what the laws in your Country are like, but in mine for instance, bids like that usually have to go out to Tender in the papers etc....this means that the details of the winning bidder (including the amount bidded), are displayed for the public to see.

A good idea would be to run an Internet Search for the previous 'Tender Awards' for that particular building.

By the way, what you're doing is admirable. Especially the 'finding out' part. It's the only way to get to where one really wants to go. Fight the good fight my friend!

All the best,

eConstructive