SHOP PRODUCTS
Houzz Logo Print
crashboombang

Tips for final settling up with GC

crashboombang
15 years ago

We are (hopefully) finally coming to the end of our building process, which has brought us to the inevitable final settlement of money with our contractor. Let me start by saying we really like our contractor personally and generally consider him honest etc. and we by no means want to stiff him out of anything he is owed. We do however have some questions about the final bill that he sent us, and I was hoping to get some feedback/suggestions here about how to handle it, possibly from some who have been on each side of this situation.

There were several things that we changed and/or upgraded after the original estimate/bids, and we take full responsibility for any increase in charges due to things we decided to change. There are other things though, that went significantly over the amounts bid, and nothing was changed that should have caused these significant increases. A couple of examples:

Stonework - we had our entire foundation, two fireplaces, and a chimney done in natural stone. The masons bid this job based on the original plans, which did not change throughout the process. The final bill came in 58% over the original amount of the bid. This seems excessive to us, and the contractor seems to expect us to just pay all of the overage amount, which does not seem fair to us.

Siding - similar situation, came in 72% over, when the plans for the house did not change from the time of the bid.

The 2 above examples are the worst on a percentage basis, but there are several other similar situations at 25% or so over etc, etc.

Isn't it the responsibility of the contractor/subcontractor to bid appropriately in the beginning, and not just go way over their bid and then expect us to pay all of the overage, when it was their miscalculation that caused the problem? What incentive does this provide for anyone to give accurate bids at the beginning of a project?

Any feedback on the situation itself and/or how to proceed from here in resolving it would be greatly appreciated. Thanks in advance, and thanks for reading.

Comments (13)

Sponsored
Dave Fox Design Build Remodelers
Average rating: 4.9 out of 5 stars49 Reviews
Columbus Area's Luxury Design Build Firm | 17x Best of Houzz Winner!