Contractor's estimate
Margaret
3 years ago
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User
3 years agoRelated Discussions
Contractor Estimate Out of Line?
Comments (1)Sounds high to me, but again I dont know where you live. Some areas of the country are pretty low rent like where I am from, and some are 5X as high as where I live or more. I can say this, I purchased storage shed outside with 12x16 dimensions and it was nothing special at all, with a loft for nearly 4000.00 A permanent structure would be more, but since you are doing a lot of the work it seems awful high to me. I would definitely be patient for more reasonable estimates. There are a lot of folks needing work right now....See Morecontractor estimate - P & O fee
Comments (4)It doesn't really matter how he arrived at his Fee; the total Fee would simply be 22% of the Cost of the Work. What matters is what other qualified contractors charge for this kind of work in your area and what the total estimate is for the completed project and how reliable that number is. It is also important to carefully determine what the contractor is allowed to apply that Fee % to. For starters, no office expenses, clerical staff, or vehicle cost would be allowed since that is part of his overhead. Place a limit on rental tools. Make sure you are not limited to his favorite subs (subs should be bid competitively) and that you have the option to provide materials if the prices are unreasonable....See Morewhat is typically included in a contractor's estimate?
Comments (15)My contract does not provide allowances for materials. Materials to be supplied by the contractor are bathtub, faucets, toilet and new window. Everything except the window is specific as to manufacturer and style numbers but not price. I am responsible for providing vanity, tile, grout, caulk, lighting fixtures and countertop. I also just realized there's no mention at all of the glass door and fixed glass panel for the shower. Interestingly, the contract specifies removal of the old light fixture, but does not mention hanging the new fixture. I don't think the overall price is outrageous, it's just more than I'm willing to spend for the project. If the contract provided more detail, I might be able to cut some things to bring the project within my planned budget. It would also be helpful if the proposal stated the total estimated square feet of tile to be installed so I can estimate my tile cost. I'll talk to the contractor on Monday. If he's not willing to work with me on budget, I'll find someone else. Now I'm better prepared to have an upfront conversation with the next contractor about my budget and my expectations. Thanks everyone for your help....See MoreContractor estimate way off.
Comments (1)Part of the contract was fixed price and part was hourly with a day rate listed, but yea lesson learned. We were still surprised it's legal to not provide any notice that the project is running over budget. Had they come to use before hand we could have discussed what we would like done, but instead it just seems like a bait and switch. They estimated 13.44 hours, but it came in around 23 Going forward we will look for more fixed rate work or at the very least have wording in the contract to be notified about project overrun. I talked to friends and family in the construction business about it and they all seemed to say he shouldn't do that, but they aren't lawyers so who knows. I guess it's just the difference between reputuble and unreputable....See MoreCarrie B
3 years agoMint tile Minneapolis
3 years agoJoseph Corlett, LLC
3 years agoAltair
3 years agoCharles Ross Homes
3 years agoUser
3 years ago
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