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Updated over 2 years ago, 08/15/2022
Need help reviewing contractor bid
Hi BP
We have bought an investment property update Ny. This is our firsts major rehab job and trying to follow some of the BP ethos when working with contractors is proving harder than expected. This is the current quote from one of the few contractors that got back to us.
My Concerns:
- not agreeing to fixed end date
- limited itemized breakdown for each item
Quote
Exterior: $9000 (not including exterior paint and tree work)
• Power wash exterior (plumbing repairs needed to accommodate)• Scrape original paint as much as possible• Paint exterior• Remove satellite dish from front• Remove front awning above two windows • Repair casement around basement windows• Replace siding as needed• Install rear staircase (permit required)• Replace corner post with 6x6• Install 12x15 rear deck at grade
Front Porch: $1500 (not including work on exterior windows)
• Rebuild front door to clear hump in floor with automated sweep• Clean floor and repaint• Prep and repaint room• Inspect and seal interior window as needed
1st Floor: $5200 + $2.50 per sqft of flooring installed (price of flooring and electrical not included)
• Need to take a second look in house if possible I would like to match original flooring in kitchen, which would most likely lower the flooring cost)• Replace front door (32” left hand inswing try to match décor) Jeld-wen 6 lite prehung $398 would need to be painted to look appropriate• Clean walls repair, paint and caulk window frames (color Simply white recommended in scuff defense)• Level and prepare floor for vinyl including removing all trim, repairing and replacing as damage occurs, install nosing and transitions• Install vinyl floating floor throughout first floor (customer to select flooring for pricing) (sqft unknown install rate is $2.50 Per sqft)• Electrical plan to be determined
Kitchen: $3800 (not including cabinets, refrigerator, sink, faucet, stove)
• Repair damaged floor joist and subfloor• Install kitchen sink• Repair walls trim and paint• Refrigerator location is unknown at this time
1st floor bathroom: $1800 (customer to supply vanity and faucet)
• Remove toilet and flooring (if subfloor repair is need current price does not reflect cost)• Repair walls and paint• Install vanity (work with customer in choosing appropriate vanity)
Laundry Room: $1300
• Install matching rear door 32” RT inswing• Install dryer exhaust• Repair walls, trim and paint• (walls will likely need to be opened for electrical work)
2nd Floor: $2200 Not including Floor refinishing
• General clean-up of walls and trim• Paint• Seal windows as needed• Floors refinished
2nd Floor bath: $5050 (does not include vanity, tile, mix valve, tub)
• Gut shower• Replace toilet• Install vanity• Tile shower• Tile bathroom floor• Repair walls• Trim• Paint
Staircase: $800
• Remove remainder of carpet tack strips• General restoration repair
Basement / utilities: $350 (electrical, plumbing, and heating is separate quote)
• General clean up• Clear all debris from premise
Total quoted cost: $34,500 + $2.50 per sq ft flooring installed. Flooring labor is not included in the quote total as it is undetermined at this time.
First payment: $1500.00 this is to cover time and labor managing subcontractors
Second payment: $11,000 due when our crew begins on project site
Third payment: $11,000 due at midpoint
Final Payment: $11,000 + $2.50 per sq ft for flooring installed
See excerpt from contract bylaws for situations that may affect payment costs and times.
- My crew is looking at starting mid-October, however other contractors can be on sight as earlier as 2 weeks after receiving first payment.
- We do not offer an official completion date due to the nature of our work and the many factors that can affect time frames. We do work hard to complete projects in a timely manner. Our crews work Monday-Friday to ensure a favorable completion date.
For further explanation, please see excerpt from contract bylaws.
- Ensuring we have access to the home always is an important factor in making sure we can timely complete a project. How will be accessing the house during construction time?
- If I am unable to find an exterior painter with timely availability from my list of preferred painters, I can coordinate with a painter you secure. Understand that I cannot endorse, be held responsible for their work, job site performance or quality of product.
Payment costs - Due to ongoing market fluctuations, if market drastically increases after start, quote will need to be adjusted to reflect new material costs. This may affect final payment cost or create a third mid-point payment.
Time Frame: The commencement and completion dates reflect CONTRACTOR best estimate and assumes normal job, site and weather conditions, availability of materials, prompt cooperation of the client and free access to all work areas during working hours. Actual elapsed time for the project may be affected by lead times and delivery delays for materials, weather and/or changes in the project requested by the client. CONTRACTOR is not responsible for conditions beyond its control; resulting delays shall not constitute an abandonment of the work. CONTRACTOR shall not, under any circumstances, be liable to the client for damages due to delays