Case Study: 

A granular understanding of the bidding and estimating process undertaken by electrical contractors demonstrates the extensive value that the FedoThread will have for electrical contractors. For example, job site estimating software used by electrical contractors includes a “means” estimating figure for conduit installation. This “means” estimating figure is based on the manual installation of conduit and not the mechanized process proposed above. Thus, a specific value is tied to the lengths of conduit that must be installed at a job site. It is easy to recognize that tens of thousands of feet of threaded electrical conduit must be installed at these job sites. It is also important to recognize that this “means” figure is typically higher than the average hourly rate of an electrician to cover overhead and benefits (e.g. rather than a $50/hour rate for electricians, the “means” figure will be set at $75/hour). As a result, electrical contractors will bid out a project based on these costs involved which can be substantial when tens of thousands of feet of threaded electrical conduit are involved. To the extent these contractors can lower their overhead labor and installation costs, this translates to profits for the electrical contractor. 

A practical example in the field:

• Using Manual Assembly:

Two electricians are tasked with threading together fifteen 10' pieces of conduit totaling 150' feet of electrical conduit. The job will require ten runs of 150' lengths.

Each electrician is paid at least $50/hour (which can be higher on scale or government job sites) this equates to at least $100/hour in overhead costs.

Each 150' length of conduit is rationally estimated to take an hour to thread together using the manual practice explained above at best.

The estimated overhead labor costs will be between $750-$1000 to thread together the ten 150' lengths of conduit.

• Using the FedoThread:

Two electricians are tasked with threading together ten 150' lengths of electrical conduit. As above, the job will require ten runs of 150' lengths.

Each electrician is paid at least $50/hour (which can be higher on scale or government jobsites) this equates again to at least $100/hour in overhead costs.

Each 150' length of conduit is now rationally estimated to take only about 6-10 minutes to thread together.

As a result, the estimated overhead labor costs will be between $150-$250 to install the ten lengths of 150' conduit.

• Comparing the manual installation to FedoThread’s mechanized installation demonstrates for this individual task overhead cost can be decreased $600-$750. 

• This translates directly to profits for electrical contractors.

• Indeed, when tens of thousands of feet of electrical conduit are required on jobsites, the value of the FedoThread is exponential!

• The FedoThread pays for itself in the first day of use!