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Updated over 7 years ago on . Most recent reply

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Anthony Dominguez
  • Stafford, VA
4
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24
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What is the "NORM" when dealing with General Contractor

Anthony Dominguez
  • Stafford, VA
Posted

Is it customary to ask your GC for an itemized list with receipts of all materials? My partner and I just finished our first rehab project and I've been getting generalized invoices. I'm not seeing what each thing cost though. 

For example, I'll see "Materials" $XXXX.XX but not sure what exactly those materials are or how much they cost. Just trying to learn what is customary and what is not in this game as I go along. 

Most Popular Reply

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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
Replied

@Anthony Dominguez I have never met a contractor or subcontractor that has ever given an owner that type of list.

How it works is you receive a bid for labor and materials, and that is what he charges you. You did not agree to paying $1 per 2x4 stud, or $4 per stud, you agreed to paying $xxxxx for the scope of work to be completed. Unless there were overages on the job which need back up, no contractor is going to supply you with an itemized breakdown of all his receipts and materials. If there were overages, you and him should discuss costs as soon as they are discovered or determined.

Some owners/investors do not like this, but it is the name of the game. If you find a contractor willing to itemize every object he places in a house, he is the exception, not the rule.

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