What Should You Expect to See in a Construction Proposal?
When you are interested in having an addition built onto your home, you should contact several companies for bids, but what should you be looking for when you get them? Before you even get the proposals, you should take into consideration any rapport you felt with the builder or salesperson during the initial visit. This person will generally be your contact during the process so things will go much more smoothly if you feel a sense of trust and comfort with them. In addition, you will want to consider the reputation of the company as well. Here is a general list of things to look for in your estimate: Fixed price – Even if there will still be variables to be decided, having a number and an indication of what is and isn’t included is critical. Depending on the project, sometimes it’s wise to agree on Time and Materials billing, but you’ll still want to have the rate specified and a good faith estimate. Payment terms should also be outlined. What amount or percentage of the projec