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Selecting a contractor: Bids

Once you have found several contractors that you like, it's time to further define the project and the costs. Ask the contractors to provide you with bids based on a detailed list of the work you want completed and the types of materials to be used. A bid is an offer to do a specific job for a fixed amount of money. It is important to include as much detail as possible and to provide the same information to each contractor so that the bids you receive will be based on the same specifications.

Each bid should include a write-up and specifications that describe all of the work to be performed and how much it will cost. It is very important that the contractors specify which type, brand, and/or grade of material they will be using so that you pay for the quality you want. The bids should include a detailed description and, if appropriate, a drawing of the work and the time required to complete the project. The contractor should specify that all materials and procedures will comply with any applicable building code requirements. Check to ensure that any drawings are done to scale and that all proposed changes are noted.

As you review the bids, resist the urge to select a contractor based solely on price. The lowest bid, for example, may include materials that are of substandard quality or an unrealistic projection of the number of hours the work will require. If bids vary significantly from one contractor to another, ask for an explanation.

If the bids exceed your budget, ask the contractors for suggestions on trimming costs. Can you scale back the scope of the project and still achieve your goals? Do you have the skills necessary to complete part of the work yourself?

Select the bid that best reflects your vision for the project and the type of person you want to work with, since this contractor will become a familiar face around your house for the duration of the project.

For informational and educational purposes only.