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Detailed Scope of Work vs "Turnkey" SOW Language
A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.'
Long story short, the contractor did not have dumpsters and there was some mis-communication and heart burn over additional costs incurred by the investor.
http://www.biggerpockets.com/forums/67/topics/1636...
This got me wondering...Can a Scope of Work ever be TOO detailed?
Do you provide a detailed Scope of Work that lists every work item to be included within the contractors proposal?
Or do you use language such as "Turnkey remodel to furnish and install kitchen, bathrooms, etc?
Which Scope of Work do you feel provides the best protection for an investor? A Detailed Scope of Work or a more General "Turnkey" SOW? Maybe a Hybrid?
Does providing a detailed SOW excuse a contractor from bidding items not specifically listed?
...I personally get as detailed as possible...my last house included an 8-page scope of work, but I'm wondering if that was to my detriment?
