Tips for Understanding Reconstruction Job Pricing

1. SYSTEMATIC PRICING

Estimating the cost of a job is a science, not an art. Today training and tools are available to help quantify the materials and time necessary to do the job. Cobalt has years of building experience to create a accurate proposal for your unique project.

2. WATCH OUT FOR BIDS THAT ARE TOO LOW

If your bid comes in lower than you expect there could be several reasons:

Sometimes you have an inexperienced builder or one that doesn’t use a system to cost a job. The result could be unexpected cost overruns that you have to pay for later to get the job done

Or perhaps the estimates include lower quality materials in an effort to cut the cost and win the job. The builder should be able explain why they are selecting certain materials and how they will impact the quality, appearance and even safety of your completed job

Also, watch out for unlicensed builders. They will explain all the reasons they don’t need insurance or a permit. The bottom line is that you have no protection and no recourse with an unlicensed builder if the job goes bad or doesn’t get finished at all

Finally, watch out for unscrupulous operators that intentionally bid lower than they know the job will cost and then run up your bill later due to unexpected and additional costs.

3. WATCH OUT FOR BIDS THAT ARE TOO HIGH

It seems obvious, but if a price seems out of line, get additional bids before you part with your hard earned cash.

ABOUT COBALT

With over two decades of working with local homeowners, Cobalt Contracting, LLC has become the construction company that many trust and choose daily.

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