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Home Construction Bids
How to Obtain Consistent and Accurate Home
Construction Bids
By: Mark J. Donovan
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One of the key phases of any new home
construction or home addition project is soliciting home construction bids from
home building contractors. Obtaining home construction bids can be a difficult
and confusing process however there are some steps you can take to make your
life easier when it comes to evaluating construction bids.
Use Blueprints or
Drawings when Soliciting Home Construction Bids
One of the best ways to get
consistent and accurate home construction bids is to present each potential home
building contractor with a complete set of blueprints or drawings to bid on. |
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This way there should be nothing
left to chance and the use of contractor allowances prevented. Home building
contractors frequently use contractor allowances for items that are TBD. The
use of contractor allowances never seem to work to the homeowners advantage,
so do not accept home construction bids that include contractor allowances.
Make sure Home
Building Plans Include Detailed Finished Features
Again, in an effort to avoid the
use of contractor allowances, make sure you specify all of the finished
items you want to see in your new home construction or home addition
project. |
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For example, make sure your plans and
drawings include the specification of specific light fixtures, flooring
material, bathroom fixtures, kitchen cabinets, etc.
Make Sure Home
Construction Bids are Itemized for Each Phase of the Project
For large and complex home
improvement projects such as new home construction, home construction bids
should be itemized for each phase of the project.
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This way you can make apple-to-apple
comparisons for each phase of the project. You can also see if anything has been
left out in the construction bid.
Make Sure a
Detailed Timeline is Included
When obtaining home construction
bids, make sure there is a detailed timeline with start and completion dates for
each phase of the project. General statements of two months should be viewed as
unacceptable. If they are truly going to complete the project in two months they
should be able to document how.
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Confirm Liability
Insurance and Workman’s Compensation
Every home construction bid should
include copies of the home builder’s liability insurance policy and workman’s
compensation papers. Avoid contractors who cannot provide
these materials.
To help in obtaining accurate and
consistent home construction bids, see my
Home
Addition Bid Sheets. Each bid sheet includes a separate
request for quote section that you can provide to prospective home building
contractors. They also include a comprehensive cost breakdown table, in
Microsoft Excel format, that allows the home building contractor to include his
projected home construction costs for every phase of the project.
How to Finance your Home Remodeling Project -
can help provide funds for your new home improvement project if financing is
required.
Related Home Addition Building Articles
Additional Home Floor Plans and Home Addition Resources from Amazon.com
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