I see this response a lot in the DIY community. I used to have the same
feeling before I started selling stuff I was building. I don't know
anything about this particular project, but here is a rule of thumb for
(hard costs + soft costs) x 2 = a price that may help keep the lights on
If you are doing low volume prototype work like we do you have to recover
your costs in one or two units vs many, which allows you to reduce hard
cost by buying volume and soft costs can be spread over many units.
Add in things like rent, liability insurance and the cost of regulatory
requirements and things start getting expensive relative to a DIY effort.
Just some food for thought and a few things I have learned the hard way the
last few years.