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TL;DR: Electrical contractors billing T&M work monthly instead of immediately are sitting on $33,000–$65,000 in permanent uncollected float per $800K in annual T&M billings. Every completed T&M call should generate an invoice within 48 hours. The second leak is unbilled hours — drive time, diagnostic time, and parts runs frequently omitted from invoices. The third is material billed at cost instead of with markup. SPM builds the T&M billing workflow in ControlQore so all hours are captured, material carries markup, and invoices go out within 48 hours of job completion.

Electrical Contractor — T&M Billing

T&M Billing Monthly
Is Leaving $65K on the Table.

Every T&M call completed today should have an invoice by tomorrow. Every month you wait to bill is a month of cash float you are funding out of your own pocket.

Published: May 2026Updated: May 2026
48 hrs
Maximum Time to Invoice After T&M Completion
$65K
Float Recovered Billing Immediately vs Monthly at $800K
95%+
Hour Capture Rate With SPM T&M System
15–35%
Material Markup Range on T&M Work
The Three Leaks

Where T&M Cash Flow Goes Missing

T&M electrical work has three distinct cash flow leaks — billing timing, hour capture, and material markup. Most electrical contractors have all three. Each is fixable independently. Together they represent the difference between T&M work that produces 35–50% gross margin and T&M work that produces 18–22% — which is barely better than new construction without the billing complexity.

01

Monthly Billing Timing

A T&M call completed on the 3rd gets invoiced on the 31st. That is 28 days of float you are funding. On $800,000 per year in T&M work, the average unbilled balance at any given time under monthly billing is $65,000. That money could be in your account today. It is sitting in unbilled work waiting for end of month.

02

Hours Not Captured

A service tech drives 40 minutes to a call, spends 25 minutes diagnosing, drives back to the shop to get a part, returns and spends 90 minutes on the repair. Billable time: 3 hours 35 minutes. What goes on the invoice: 90 minutes of repair time. The drive and diagnostic hours are billable under most T&M agreements and are omitted on every call because nobody built a system to capture them.

03

Material Billed at Cost

Parts picked up at the supply house for a T&M call are billed at cost because it feels cleaner. On $200,000 per year in T&M material at a 20% markup, that decision costs $40,000 per year in margin. The markup is contractually appropriate, commercially standard, and almost universally accepted — it just needs to be in the T&M agreement before work starts.

The System

T&M Billing That Captures Everything

1. Invoice Within 48 Hours of Job Completion

Every completed T&M call — service, repair, installation, inspection — gets an invoice within 48 hours. Not at end of week. Not at end of month. Within 48 hours. The technician submits the time and material log at job completion. The invoice is generated from that log. The customer receives it the next business day. Cash arrives 15–30 days later instead of 45–75 days later.

2. Log All Hours by Category

Time capture covers four categories: travel time (portal to portal from the shop to the job), diagnostic time (time spent identifying the problem before any repair), repair time (the actual work), and parts run time (any additional travel to retrieve parts not on the truck). All four categories are billable under most T&M agreements. All four need to be captured at the call — not reconstructed from memory later.

3. Apply Material Markup Automatically

In ControlQore, material costs on T&M calls carry a defined markup that applies automatically when the invoice is generated. No manual calculation. No decision at invoice time. The markup was defined in the T&M agreement. It applies every time. The customer sees the marked-up price on the invoice, which is the contractually agreed billing method.

4. AR Follow-Up at 15 Days Past Due

T&M invoices are smaller and more frequent than new construction pay apps — which means they are easier to overlook in the AR aging. SPM tracks T&M AR separately and triggers a follow-up call at 15 days past due. On $800K in annual T&M billings with 30-day terms, a 15-day follow-up cycle keeps average days outstanding below 40 and eliminates the 90+ day T&M balances that show up in every electrical contractor's aging report.

Client Outcome

What the T&M System Changes

Anonymous Client — Electrical Contractor · $2.3M Revenue

This contractor did $800,000 per year in T&M service work billed monthly. Hour capture was averaging 70% of actual billable time — drive and diagnostic hours omitted systematically. Material was billed at cost. Monthly billing left an average $65,000 in unbilled work at any point in the month.

$365,000 in AR recovered

Total AR recovery at engagement start — including T&M invoices that had been sitting 60–90 days with no follow-up. The T&M billing system then went live with 48-hour invoicing, full hour capture, and material markup.

T&M margin: 18% → 38%

Same work. Same technicians. Same customer base. Different billing system — one that captured everything, applied markup, and invoiced immediately.

FAQ

Frequently Asked Questions

How should electrical contractors bill T&M work?
T&M work should be invoiced within 48 hours of job completion — not weekly, not monthly. Every completed T&M call generates an invoice the same day or the next business day. On $800,000 per year in T&M billings, switching from monthly to same-day billing recovers approximately $65,000 in permanent float — money that used to sit in unbilled work waiting for the end of the month, now collected continuously throughout the month.
What is the cash flow impact of billing T&M work monthly instead of weekly?
On $800,000 per year in T&M billings, billing monthly instead of immediately means an average of 15 days of unbilled work sitting at any given time — approximately $33,000 in permanent uncollected float. Billing weekly instead of monthly cuts that to $10,000. Billing within 48 hours eliminates it almost entirely. The difference between monthly and immediate billing on $800K in T&M work is $33,000–$65,000 in permanent cash position improvement.
How do electrical contractors capture all T&M hours for billing?
The most common T&M billing leak is hours not captured — technician drives to a call, diagnoses the problem, returns to get parts, comes back and fixes it. The drive time, diagnostic time, and return trip are all billable under most T&M agreements but frequently omitted from the invoice because the technician only logs repair time. SPM builds the time capture process so every hour — travel, diagnostic, repair, parts run — is logged by the technician and flows to the invoice automatically.
What markup should electrical contractors use on T&M material?
Material markup on T&M work typically runs 15–35% depending on relationship, material type, and market. The most common mistake is not marking up material at all — billing material at cost because it feels easier or cleaner. On $200,000 in annual T&M material at a 20% markup, that is $40,000 per year in margin left on the table. The markup should be defined in the T&M agreement before work starts, not negotiated after the invoice is sent.
How does SPM set up T&M billing for electrical contractors?
SPM builds the T&M billing workflow in ControlQore — time capture by technician and call type, material capture at cost with markup applied, invoice generation within 48 hours of job completion, and AR follow-up at 15 days past due. Most electrical contractors who go through this process for the first time find that their T&M billing is capturing 70–80% of billable hours. The SPM system captures 95%+ consistently.
Josh Luebker
Josh Luebker
Fractional CFO · The Construction CFO

Former commercial construction PM and master electrician. Managed 150+ projects totaling $300M+. Now fractional CFO for subcontractors doing $1M–$12M through Sulphur Prairie Management. About Josh →  |  LinkedIn →

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