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Matt,
I was not suggesting that profit "not" be put on equipment, what I was saying is that profit should be the last item you add after, materials, subs, equipment, and any other misc. charges related to the job.
My comment was in reference to the idea that profit should be added to equipment, then added to other costs giving you a total. You should know "your cost" before you add profit.
As for my comment about charging rental rates, this is just my experience in my market place and I would not attempt to put rental rates into a bid on equipment that I own. I will however, cross reference the charge for such equipment against rental rates in order to keep me honest with my equipment charges. The reason I do this is because rental companies have equipment cost down pat, and since this is a area that can be subject to interpretations, I feel it is one was to check myself.
Hope this clears my opinion up.
Tom
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