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One way to avoid this type surprise altogether is to request a quote instead of an estimate. Estimates are subject to change, whereas a quote is more or less a set price. Quote not only price for the entire project in the contract, but itemize costs for labor, subcontractors, materials, etc., as well. Detailed provisions for acceptable price changes should also be outlined within the contract.
For instance, an unexpected price-hike in materials required, alternate materials required due to unavailability of first choice materials which could lower or increase overall cost, and unforeseen, unavoidable delays for which the contractor is not at fault.
Be Contract Specific!
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Contract requirements vary from state to state. One thing that is uniform regardless of where you live, however, is that verbal agreements are worthless should a dispute break out. Therefore, although a contract might not be required by law, never hire a contractor without first obtaining a contract that outlines the project in specific detail.
The contract should be signed by both parties; the project owner and the contractor. Or all parties involved if some aspects of the work will be sub-contracted, or services of another service provider professional (architect, designer, etc.) will be required.
The contract should protect the interests of both the homeowner and the service provider. It should include: 1. Smokestacks in a white wilderness divide Iceland data: 27.03.08 A new aluminum smelter owned by Alcoa, the world's largest aluminum company, has been the focus of the angriest and most divisive battle in recent Icelandic history. 2. Club raided in corruption probe data: 19.03.08 Birmingham City FC is raided by police investigating alleged corruption within professional football. 3. Broken homes creating 'toxic circle' for children data: 19.03.08 The demise of the traditional family is creating a "toxic circle" of school failure, poverty and crime, teachers said yesterday. 4. 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Belgian King treated me like dirty laundry, says illegitimate daughter data: 10.04.08 The illegitimate daughter of the King of the Belgians has claimed that her father treated her like "dirty laundry". 16. Reshuffle at The Independent aimed at ending era of losses data: 10.04.08 Roger Alton, the former editor of The Observer, will today be named editor of The Independent in a management reshuffle aimed at ending years of losses at Sir Anthony... 17. Green power station opened data: 19.03.08 First Minister Alex Salmond is to officially open a £90m biomass power station in the south of Scotland. 18. Tourists die in Peru plane crash data: 10.04.08 Five French tourists have died in a plane crash during a flight over the famous Nazca Lines in Peru, police say. 19. In a slump... data: 10.04.08 ... is it time to start feeling sorry for estate agents? 20. Izbasa dazzles on the floor to win gold data: 07.04.08 Romania's Sandra Izbasa picked up her second gold medal in as many days when she tumbled to glory on the floor exercise at the women's European gymnastics championships on Sunday. 21. Angus Fairhurst, member of Young British Artists, dies data: 07.04.08 Angus Fairhurst, one of the group known as Young British Artists, or YBAs, who stirred up the art scene in London and beyond in the 1990s, died Saturday in Scotland. He was 41 and lived in London. 22. Rich nations seek action on rising food prices data: 07.04.08 Development ministers from the Group of 8 industrialized nations called Sunday for action on high food prices, which they said have hurt developing nations as well as efforts by aid donors. 23. Kallis has no plans to stop playing after milestone ton data: 07.04.08 Jacques Kallis is looking to continue performing at the highest level for several more years after registering his 30th test century in South Africa's resounding second test victory over India. 24. ITV1 clash over children's fare data: 19.03.08 Ofcom, the broadcasting regulator, and ITV have clashed over the broadcaster's decision to reduce sharply the children's programming on its terrestrial channel, it... 25. 'Free CCTV film access for security services' data: 19.03.08 The security services could be given access to footage from CCTV cameras that will allow them to spy on people across the country. 26. India's 'sensory assault course' data: 07.04.08 Peter Day says India's traditional bazaars and their sensory assault course are here to stay, despite an invasion by huge superstores. 27. Female British spy's exploits during World War II are revealed data: 07.04.08 A British spy who helped lead the French Resistance during World War II outfoxed the Nazis by concealing secret messages in the hem of her skirt, according to records unsealed Monday. 28. Charge over Jamaica murder data: 07.04.08 A handyman is charged with the murder of a 61-year-old British woman on an extended holiday in Jamaica. 29. Microsoft/Yahoo data: 07.04.08 Is Microsoft finally getting ready to play hard? During the two months of phoney war since the software giant launched its unsolicited offer for Yahoo, it has avoided doing a Larry Ellison 30. Number of complaints against the NHS soars data: 07.04.08 A growing number of NHS complaints are being upheld amid falling nursing standards and rushed GP appointments, according to a report published today. --- --- --- -x- |