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What's the typical % cut for the property owner of a dirt/sand/gravel pit
Posted on 6/24/16 at 2:52 pm
Posted on 6/24/16 at 2:52 pm
It will be in the range of 300,000-450,000 cubic yards of materials. I haven't purchased the property yet, just trying to figure out what's typical if someone else does all the mining.
Posted on 6/24/16 at 3:09 pm to sleepytime
If it has the proper P.I. for pad/road construction, highway contractors I have been involved with pay around fifty cents/CY for that amount (raw material only - they load and haul). If selling to individuals you can get 2.00 for smaller amounts, but that's loaded on their truck.
This post was edited on 6/24/16 at 4:02 pm
Posted on 6/24/16 at 4:41 pm to SCwTiger
That's not too bad considering what it cost to buy/maintain/insure trucks, equipment, etc. Thanks
Posted on 6/24/16 at 4:47 pm to SCwTiger
quote:
If it has the proper P.I. for pad/road construction, highway contractors I have been involved with pay around fifty cents/CY for that amount (raw material only - they load and haul). If selling to individuals you can get 2.00 for smaller amounts, but that's loaded on their truck.
See, that seems cheap to me. I know of someone who owns a gravel pit and they have gotten 2.00/CY regardless of how much is purchased. That is for good clay gravel used for road bases. They are getting .50/CY for dirt.
Posted on 6/24/16 at 5:00 pm to Kill Switch
New tablet, wrong thread.
This post was edited on 6/24/16 at 5:03 pm
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