- Is an estimate legally binding?
- What can I do if my contractor is taking too long?
- What should a contractor bid look like?
- How long should I wait for a contractor to give me an estimate?
- How much should a contractor hold back?
- Why are contractors unreliable?
- How long should a contractor bid take?
- What should you not say to a contractor?
- Is it OK to pay a contractor in cash?
- Can you sue a contractor for overcharging?
- How do you tell a contractor they are no longer needed?
- How do I talk to my contractor?
- How should contractors be paid?
- What do you do if a contractor won’t call you back?
- Can I withhold final payment to contractor?
- What percentage should you pay a contractor up front?
- Can a contractor charge more than the quote?
- What is a reasonable down payment for a contractor?
Is an estimate legally binding?
while an estimate for the cost of services to be provided is not a guarantee or warranty at law, it may have contractual effect, in essence setting a limit beyond which fees may not go”; and, …
Because it is a promise, a quote is binding..
What can I do if my contractor is taking too long?
If your contractor is dragging his feet, follow these tips:Document Communications. It’s best for homeowners to communicate with contractors in writing so there is a record of the conversation. … Keep A Record of the Timeline. … Do Not Make Remaining Payments. … Hire A New Contractor. … Take Legal Action.
What should a contractor bid look like?
Your bid should include a clear breakdown of the quantity of materials that need to be purchased so that you know exactly how much you will pay for this expenditure. For example, a transparent bid might specify a certain number of sheets of plywood, a specific square footage of carpet or how many gallons of paint.
How long should I wait for a contractor to give me an estimate?
If they’re still interested, ask if they can deliver the estimate to you within two to five days. This accomplishes two things: It reinforces that you’re a serious, valuable customer, and it demonstrates that you’ll be clear and reasonable about what you need to be happy if you were to move forward together.
How much should a contractor hold back?
The standard hold-back amount is about twice the value of the punch list items. How much retainage? Retainage is typically in the 5% to 10% range, although some contractors will negotiate for a fixed fee or limit.
Why are contractors unreliable?
They know how to do the work, but they often get no help on how to actually run a business. There is also a shortage of contractors who will take remodel work in most areas (tradespeople in general, actually) so they can jerk customers around and still get work.
How long should a contractor bid take?
If it is a large remodel, and the contractor has other jobs going, one week is reasonable, to be able to check out the job, price things out etc. If it’s a handyman type job, 1-2 days.
What should you not say to a contractor?
8 Things You Should Never Say to a Contractor’I’m not in a hurry’ … ‘I know a great roofer/electrician/cabinet installer!’ … ‘We had no idea this would be so expensive’ … ‘Why can’t you work during the thunderstorm/snow/heat wave?’ … ‘I’ll buy my own materials’ … ‘I can’t pay you today. … ‘I’ll pay upfront’ … ‘I’m old school.
Is it OK to pay a contractor in cash?
While it is not illegal to pay employees and independent contractors in cash, it’s not a good business practice for many reasons. Some businesses use cash to pay employees in an attempt to avoid paying payroll taxes, and some employees ask for cash payments to evade paying income taxes.
Can you sue a contractor for overcharging?
Your contractor might have subcontractors or suppliers who are pestering him for payment, so in this sense, you have leverage to withhold payment. … Your contractor could also file a lawsuit. This would allege that you breached your contract to pay for the fair and reasonable value of his goods and services.
How do you tell a contractor they are no longer needed?
If the contractor did not meet the needs to your satisfaction, simply call and thank them for their time but your are declining their estimate and that you are using another contractor. Personally it is always great to know how we as a contractor could have done better to obtain the trust and job of a customer.
How do I talk to my contractor?
Establish Good Communication Ask the contractor how he prefers to communicate with you. Good options include: Being onsite and talking with your contractor every morning before work begins. Having your contractor’s cell phone number and the OK to call or text anytime.
How should contractors be paid?
Cash, check or credit — which is the best method of paying home improvement contractors?Paying a contractor cash. The Federal Trade Commission claims that a contractor who only offers the option of paying in cash is usually not as reputable as one who has other payment options available. … Check. … Credit card. … Debit card.
What do you do if a contractor won’t call you back?
Here are some things you can do if your contractor doesn’t call back:Document your phone records. Make sure to record any attempts you’ve made to reach out to the contractor. … Try to get the contractor’s license revoked. … Leave a review. … Take legal action.
Can I withhold final payment to contractor?
The simple answer for people will be: No, you can not fire a contractor at the end of a job and withhold payment. However you may be able to take your case to court to withhold or recapture some of the final payment if the work was substandard.
What percentage should you pay a contractor up front?
10 percentYou shouldn’t pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board. Ask about fees. Pay by credit when you can, but keep in mind some contractors will charge a “processing fee” for the convenience.
Can a contractor charge more than the quote?
Getting a quote. A quote is an offer to do a job for an exact price. Once you accept a quote, the contractor can’t charge you more than the agreed price unless you agree to extra work, or the scope of the job changes while it is underway. Legally, this is known as a variation to your contract.
What is a reasonable down payment for a contractor?
Contractors cannot ask for a deposit of more than 10 percent of the total cost of the job or $1,000, whichever is less. * (This applies to any home improvement project, including swimming pools.) Stick to your schedule of payments and don’t let payments get ahead of the completed work.