So you’ve made the decision to move forward and get some estimates and now it’s time to review them and possibly make a decision. You’ve held several meetings and taken part in numerous correspondences and now that the contractor’s ready, you’ve got yourself a run down of what will be done, how much it will cost and the like.
But how do you know what you’ve got in your hands has what it should have on it? After all – this is probably your first time. That’s what we’re here to discuss today – what you should be looking for in your roof estimate. Let’s jump right in.
Permitting, licensing and insurance
Most first time renovators don’t realize that you’ll have to acquire building permits in order to install a new roof. Be sure your contractor has that in line in addition to the proper insurances and licenses in order to do the job. The permits and licenses will give you the reassurance that they meet all the requirements for providing you with the service. The insurance will protect you if something happens during the project.
A summary of the project
Long story, short – this is the nuts and bolts portion of the estimate. It’s the plan as to how the contractor will proceed with the project. This is important as well – because you’ll be able to review this and see if there’s any discrepencies between what you’ve discussed with your contractor and what is on paper. It’s important to make sure you’re both pulling from the same side of the rope.
Any good estimate should have a list that precisely presents what’s going to be needed to build the roof and what they cost. This is a place where it’s advisable for you to assert yourself, as well. Make sure you ask for not only the materials and the price, but ask for the estimate in digital form so you can scope things out for yourself online.
This is the painful but necessary part! The estimate should not only inform you as to what the total cost of the project will be – but also give you a crystal clear idea about what you do to prepare the fees and how to pay them. Usually deposit is about one-third of the contract price.
Providing your clients with a complete and comprehensive estimate is a must. If some of these things aren’t included, then it will give you a good idea of who you’re working with. Good luck!