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New revised rates for PPP (SEPT 2008)

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ibflat2	New revised rates for PPP (SEPT 2008)		Lead	[-]
Posts: 1383 10/04/08 10:16:26 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Tags : None These are new rates for us at where I work... They have been adjusted due to inflation costs, Fuel, Insurance and such... Have a good read and if you think things are out of whack, then feel free to let me know.. "To be honest, I'm more worried about what the government can do to me than what they can do for me." Last Edited By: ibflat2 10/04/08 10:21:50. Edited 2 times.
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ibflat2	the new rates	#1	[url]	[-]
Posts: 1383 10/04/08 10:17:16 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	PRICE PER POUND RATE SHEET Tod's Wrecker Service - Goodyear Towing Price Per pound is based on total gross weight of vehicle including cargo September 2008 NORMAL TRACTOR/TRAILOR RECOVERY ON OR NEAR HIGHWAY AIR CUSHION RECOVERY Major Variables (Choose (1) One) 4.1 Cents Per Pound Normal Recovery 4.4 Cents Per Pound Inclement Weather 4.6 Cents Per Pound Nights / Weekends / Holidays 5.3 Cents Per Pound Nights / Weekends / Holidays and Inclement Weather Price includes complete use of Air Cushion Recovery unit and All Equipment, contents, personnel and travel within a 50 mile zone. ___________________________________________________________ 6.5 Cents Per Pound Additional to handle complete recovery To include all necessary wreckers, personnel, and delivery of tractor/trailer to loading dock or impound yard within 50 mile zone. $225.00 Per Hour Standby time for Equipment and all personnel (if requested by customer to standby after First hour) WRECKER RECOVERY ONLY - NO AIR CUSHIONS Recovery of wrecked or overturned tractor/trailers to include recovery equipment and manpower, including offloading if necessary, It does not include the Tractor/trailer to off load onto or delivery of cargo, but does include delivery of wrecked equipment to a loading dock or impound yard within a 50 mile radius. Major Variables (Choose (1) One) 8.5 Cents Per Pound Normal Recovery 9.0 Cents Per Pound Inclement Weather 9.8 Cents Per Pound Nights / Weekends / Holidays 10.1 Cents Per Pound Nights / Weekends / Holidays and Inclement Weather ADDITIONAL VARIABLE FOR BOTH WRECKER RECOVERY AND AIR CUSHION RECOVERY (Please note these figures are in Tenths of a cent here) 0.45 Cents Per Pound Additional for 50 - 100 mile zone 0.95 Cents Per Pound Additional for wheels higher than roof of trailer or tractor/ trailer down an bank or incline 1.5 Cents Per Pound Additional for back door open or tractor pulled out from under trailer. 1.5 Cents Per Pound Additional for / or top severely buckled or blown out, and / or trailer buckled by cargo. 3.0 Cents Per Pound Additional for secondary handling of cargo (Does not include tractor / trailer or cost of loading dock if needed) PLUS 1 % of declared value of Salvaged Cargo Price Per Pound is for Gross Vehicle Weight with the following minimums 60,000 Pounds Tractor / Trailer, Charter Buses 30,000 Pounds Bus / Straight Truck, Empty Log Trucks, Dump Trucks 16,000 Pounds Mobile Home Units (each section) 16,000 Pounds Motor Homes / Campers and tow vehicles Heavy Equipment. Cranes, Dozers, Excavators, Etc on quote basis HAZARDOUS MATERIALS CARGO SURCHARGE Surcharge applies to the total bill (if applicable) Does not apply to Unit fuel spills Does not include Clean up or Clean up costs 50 % ` Flammable High Flash Point 100 % Flammable Low Flash Point 200 % Class B Explosives or Chemical 300 % Class A Explosives or Chemicals with leakage 500 % Nuclear Expendable materials will be billed out the HAZMAT job on a replacement cost basis to include HAZMAT suits, airbags, breathing apparatus, etc, that has been contaminated or destroyed. "To be honest, I'm more worried about what the government can do to me than what they can do for me." Last Edited By: ibflat2 04/01/09 09:19:24. Edited 1 time.
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gentlyrotate		#2	[url]	[-]
Posts: 18 10/06/08 19:06:51	Great info to know Richard. I'm gonna print a copy and when I get a chance apply those numbers to some older paid invoices and see how much of a difference there is, if any. It probably take an act of congress to use this here in CA, but gotta start somewhere, right? Show me the money!
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ibflat2		#3	[url]	[-]
Posts: 1383 10/07/08 08:38:23 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Quintin, when you do the side by side work ups on the rates on PPP and your rates, remember a few things... First of all the rates are what cover our expenses and provide for a profit here in Alabama for us... California is totally different and more expensive to live and work in... BUT DO show us how it works out for your company and what the differences are between the two... I think it would be enlighting to everyone to see some "REAL NUMBERS" to everyone. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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Jerrys Road Service		#4	[url]	[-]
Posts: 6 10/16/08 03:07:24	I would love to see HOW to profit using ppp in California Jerry's Towing Santa Clarita ,Ca 661-857-6828 www.jerrystow.com Follow us on Twitter. http://twitter.com/JerrysTowing
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harold67wm		#5	[url]	[-]
Posts: 44 10/16/08 05:53:09	I'll give you an example of how this could work, using rates that I am familiar with, let's use Florida's RISC program for example...They are regulated on rates but, let's use it ... You get a call for an overturned 5 miles from shop, you have to respond with a 50ton, a Rotator, and a support trailer. All set at $400.00 PH EA 2 hr min. It turns out to be an empty TT middle of the road, You upright it,tow it to your yard, done in 1 hr. = $400.00PH X 3 units X 2 Hr min.=$2400.00 + the $2500.00 Bonus for clearing in 90min or less= $4900.00... NOT bad for an hr of work... Now PPP ... Empty TT = 60,000LBS X $0.085PP = $5100.00 with OUT the state bonus...
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ibflat2		#6	[url]	[-]
Posts: 1383 10/16/08 07:25:43 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	and look at how bad you are screwing the customer when you are "REQUIRED" to respond with certain equipment dictated... Now the customer will scream anyway as he thinks that any amount is bad... But what do you think he will be screaming when he finds out you had 2 heavy duty tow trucks (about 100 tons of capacity or more) and a support trailer (which is fairly easy to explain that units purpose) and he finds out that maybe just the rotator was used.. Remember that customers have access to the news and internet and they can see what is shown most of the time. So he will be complaining about paying for 2 peices of equipment which was not needed and most likely not used... BUT on PPP, you would only use the 1 truck billing rate even if there was 3 trucks or 200 of them there... And look at the pricing, it is only 200.00 difference in the amounts which Harold put up there for examples... Now how to make it profit in California, well that will be tough, but I know that CHP dictates rates in each of their zones - station areas, so there is " NO ONE SET RATE FOR A CHP TOW".., And that might be one of the problems (among many others) So how have your rates out there on jobs compared to rates using PPP... Remember that the rates shown are what we charge here in Alabama, which has lower costs of doing business here. (hey diesel here is 3.469 as of last night) "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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autoexpresstow69		#7	[url]	[-]
Posts: 129 10/18/08 13:01:29	i for one am very interested in this ........ *Twinkie Free!*
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JohnMarsee		#8	[url]	[-]
Posts: 4 10/24/08 17:12:14	Empty TT = 60,000LBS X $0.085PP = $5100.00 with OUT the state bonus... Would not a empty TT unit come in @ 34,000 instead 60,000 lbs bring your total $2890.00
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ibflat2		#9	[url]	[-]
Posts: 1383 10/24/08 21:20:45 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Yes, that is true, but this is how Stormin set up the weights on the jobs... I agree that it seems a bit high but remember that all the numbers and such are not set in stone... You can make changes as you see fit... I am only posting what we use at where I work... "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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JohnMarsee		#10	[url]	[-]
Posts: 4 10/25/08 12:16:31	Thanks, I just wanted to make sure I wasn't on the wrong track.
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ibflat2		#11	[url]	[-]
Posts: 1383 10/25/08 16:02:17 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	I talked to Stormin today about some stuff on PPP which people are asking me about... Reason he also did the 60,000 pound minimum on the recovery rates is that it was still a profitable job at that weight and if your customer be it the trucking company or the insurance company complained then you had some room to work with on prices... Sure a lot of trucks and trailers are 30,000 but then you get to 40,000 for some of them with heavy tractors... And what about the tractor trailers which are hauling toliet paper and such... That is a light load and you are still able to use the minimum and keep it right. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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Energizer Bear.tow411		#12	[url]	[-]
Posts: 13 10/29/08 13:34:22	Very interesting, I do know there is only onw company in the state of Nevada using this formula. But it certainly makes sense. The Bear That Keeps Going And Towing
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Jerrys Road Service		#13	[url]	[-]
Posts: 6 12/22/08 19:44:44	I guess it takes getting used to like everything else. Jerry's Towing Santa Clarita ,Ca 661-857-6828 www.jerrystow.com Follow us on Twitter. http://twitter.com/JerrysTowing
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Centuryonly		#14	[url]	[-]
Posts: 47 02/05/09 22:07:22	When a trucking company questions PPP ask them how they charge. Most likely they charge by weight. HELLO! Who is using PPP for light duty recoveries? Why or why not? Everything is the same except for how many zeros you add to it. jeff@southsidewrecker.biz
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ibflat2		#15	[url]	[-]
Posts: 1383 02/06/09 13:10:26 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Yup the trucking companies bill by a lot of different rates, volume, amount of trailer space used, WEIGHT "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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ibflat2		#16	[url]	[-]
Posts: 1383 04/01/09 09:25:23 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	Well after attending the 2009 Tampa FITRA show last weekend, it was amazing how many people do use PPP in different parts of the country. I sat in on Mike McGoverns billing class and it was interesting to say the least. I picked up a few items of knowledge and will change a bit of our billing approach.. Was nice to get "LEGAL INFORMATION" from a lawyer without having to pay for it. After the classes I was approached by several company owners who wanted more infomation on billing via PPP and they all seemed to understand what I was showing them. Unfortunatly I did not have many handouts as I was not teaching a class, I did however have my book and we worked though it and I hope I helped them. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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ibflat2		#17	[url]	[-]
Posts: 1383 07/29/10 10:17:04 Featured Member August 2004 WreckMaster #92190 I.T.R.H.F.M. Friend of Museum	I will be at the Tennessee tow show in Sept 2010 and I will be teaching a seminar on Price Per Pound again, and I hope to see many of you there. After all, interest grows when you attend a seminar and learn about the system. And I am working on a new and revised rate sheet which I will most likely have done around the first of the year. There will be some changes in the rates and surcharges and not just in prices. "To be honest, I'm more worried about what the government can do to me than what they can do for me."
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New revised rates for PPP (SEPT 2008)

New revised rates for PPP (SEPT 2008)