STR Build Over Budget and Time

[James Black]

Hello all,

I am in the process of building a vacation rental on a ski resort...we are 14 months in....and still not complete. The builder sprung some increased expenses on us that are in excess of 30% of the original price quote. Some overages were expected and some were change orders (less than 10k worth). 

There are many spots within the contract where the builder appears to be in breach. I just want to get the project complete at this point, but now that I started asking questions regarding invoices and bids to support the overages, the build has stalled to a snails pace. We are also unable to get a firm completion date out of the builder. 

There is much more I could get into, but I just wanted to reach out to the group to see if anyone has had to deal with this in the past. Firing the builder is on the table, but we are trying to avoid that. I would be interested to hear if anyone has fired their builder in the middle of construction and what that looked like.

Thank you for any feedback. 

James