Recently I was involved in a project where we had to hire two new contractors, one with general contracting expertise and one with stucco expertise. We were not able to find two skilled contractors to compete for the low-priced, long-term construction contract. In fact, we ended up having to hire a third, higher level contractor, who bid an even lower price than the two lower-level ones, just to finish the job. This raises some important questions. How do we keep construction projects on time and under budget without having to hire three separate experts?Do you want to learn more?-Read this article
Our first question should be: How do you select low-cost, high-quality contractors who will complete your project on time? Your second question should be: How do you keep them from being more expensive than necessary? Our third question should be: How do you make sure you get true value for your money when you hire an expert to do a job you could easily do yourself? Here is what we found.
Contractors are like any market segment that has its strong and weak points. Contractors can either provide great value and build a great reputation, or they can under-deliver and build a poor reputation. Low-cost providers tend to have a less-than-perfect track record; however, these firms are very well-known for their expertise in the niche they have chosen. The best providers offer a competitive price. They also have detailed price listings.