Thursday, January 1, 2009

Picking A Contractor: 6 Important Things To Consider

By Steven M. Fhisher

1: RELIABILITY IS KEY.

If your state requires a contractor's license, make sure he has one. Additionally, he should have been in business for 5 years or more, carry workmen's compensation and general liability insurance (get copies of the policies). Finally, make sure he doesn't need your check to pay this month's bills.

2: WORKMANSHIP.

The only way to judge workmanship is through on-site inspection. Ask for references and arrange to examine projects similar to yours from previous jobs. Most contractors will carry photo books to show you samples of their work.

3: TEAMWORK AND TRUST.

Best contractors care as much as you do. If you want to be involved in every decision, then hire a contractor who is comfortable with close supervision. If you want to leave the details to an expert, then hire one whose decisions you trust.

4: GET THE BIDS.

Get bids. Three would be best. To get comparable bids for your project, write out the specifications, including sample building materials and fixtures and give copy to each contractor submitting a bid. The more detailed the specifications, the easier it will be to compare bids because all should use same materials in their cost breakdowns. If you are not comfortable doing this yourself, hire a designer to create project specifications. You will save money and aggravation in the long run.

5: PRICE CHECK.

Double check all the prices the contractors give you and request a cost breakdown sheet. This should include materials, fixtures, labor and expenses (including building permits and subcontractor bids). Additionally, make sure you get a timetable.

6: STICK WITH IT.

The most successful projects are one where you have not walked away. Even the best contractor needs a watchful eye. Pay by check to company, 30% being a reasonable down payment upon delivery of materials. Make final payments only when the work is completed to your satisfaction. - 15359

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