View Single Post
Porsche-O-Phile Porsche-O-Phile is offline
Dog-faced pony soldier
 
Porsche-O-Phile's Avatar
 
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
Garage
It almost always isn't.

Another thing to consider is with residential construction entering a slowdown period, there will be increasing competition on the part of bidders and prospective GCs. You (as the owner) can most certainly take advantage of this. Either solicit more bids (more competition tends to drive down prices and get you lower bid amounts as a general rule.

You can also insist on things like "guaranteed maximum price" contracts, which GCs would have laughed at a couple of years ago.

Are Performance Bonds required for this type of work in FL? I'm not familiar with the nuances of their laws. If there's a Surity Bond involved here (probably not), Byron will be fine. If not, lesson learned I guess. Another thing that's always a good idea.
__________________
A car, a 911, a motorbike and a few surfboards

Black Cars Matter

Last edited by Porsche-O-Phile; 11-13-2007 at 09:57 AM..
Old 11-13-2007, 09:53 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #20 (permalink)