Hey man, Im just being realistic. Ive been involved in large contracts, I know the language. I agree make a profit. But you wont see much profit on contract work plain and simple.
Im just playing devil's advocate, and its obvious this is your first time. No big deal. If you want contract work then keep pursuing it, but I guarantee you, the lowest qualified bidder will win every time. You wont win any contracts until you figure out how to compete with the low bidder, and sadly that means working cheap. Have at it buddy!