Why no $100,000 Deal
ON THE SURFACE, $100,000 SEEMS LIKE A GOOD DEAL.
HERE IS WHY I COULD NOT TAKE IT:
MY TOTAL COST FOR THE JOB WOULD HAVE BEEN $85,000
My total cost to produce, transport, and install the glass would have to cover:
- Glass sized at 6ft x 8ft, 250 lbs. per panel. This would be (more expensive) low iron glass that would be cut for the artwork.
- 2000 inches on average of cutting per glass panel at the highest quality (very slow) cutting speed (this increases machine time). The required amount of cutting over several days is very expensive. In order to have the glass tree leaves look like leaves, the glass would be multiply cut, making the leaf areas multifaceted and of different texture than the wood areas. For comparison, the glass for the job was 3X larger than the glass used for The Crucifixion; the inches of glass cutting per panel for the job was 10X more than for The Crucifixion.
- Several days of technician time at the fabricators (expensive), plus jig material costs
- 66% yield on cutting and handling of large scale glass (this is from prior 3D cutting jobs for Ascent and The Crucifixion; this is the nature of cutting & handling large and very fragile glass panels with many huge holes in it)
- Anti-reflective bronze specialty safety glass for the end caps (very expensive)
- Custom high end crates to transport these huge panels of glass, and a custom trolley to move the glass into and out of these custom crates. Each panel goes into its own crate; 1 panel + 1 crate = around 400-450 lbs. Once each panel is crated, the trolley is used to move it into a carrier crate that will securely hold a few crated panels vertically for transport. (very expensive)
- Experienced glazer help during installation
- Rental truck & fuel
- Hotel and meals
With a cost of $85,000 for a job that would pay $100,000, my profit would have been $15,000 for 6-8 months of work
Given that I would not make enough to cover my personal and business expenses to last until the end of the job, and given that I have no other financial resources, I would have failed to deliver the artwork after taking Tilman’s money for the project.
It was made clear to me that there was no room for negotiation.
The offer was a firm and final $100K, although I was ready and willing to negotiate.
Thanks everyone for your interest, opinions (both positive and negative) and moral support.