Contractor markup is a given when hiring a contractor for your project. You will have a bid or negotiated contract that will include a percentage for the contractor’s overhead and profit. If you have requested a cost breakdown from your contractor you will likely see a percentage for their markup or profit. What you probably…
There is no single contract for contractors that would apply to any project. Scope of work, type of project, project size, number of trades involved, schedule for completion and a number of other considerations must be taken into account when establishing a contract. Contract may be awarded either as a single construction agreement for an…
Before your contractor walks out the door, sends you a final invoice or turns over the keys you should have a punch list. So what is a punch list? A punch list is simply a list of items that are yet to be completed by your contractor with an agreement to complete at a future…
There are no two pieces of natural stone that are exactly the same and that’s what makes it so desirable and why sealing marble and granite is not “one size fits all”. Natural stone is beautiful, timeless and unique in its properties regardless of where we have it installed. Whether in our home as a…
So you’re thinking about a small bathroom remodel and wondering about the steps you will need to take to make a change. Part of that thought process is undoubtedly should I hire a contractor to do the work or should I tackle some of it myself. This can be answered by defining your design aspirations and…
A little renovation planning is essential if you are thinking about updating or enhancing your personal style through a home remodel project? It’s certainly exciting to think about creating an updated, comfortable living space which reflects your vision but there are a lot of steps required in renovation planning to turn that vision into a…
As it relates to new construction, remodeling or renovation, in most states, contractors are required by law, to carry workers compensation insurance (workers comp) for direct employees of their company. Doing business with a contractor who does not carry workers comp coverage, that’s current and in force, exposes you to potential liability if accidents occur…
Whether you are hiring a general contractor or a single trade contractor, it is important for your protection and that of the contractor that they carry a current, active policy for Commercial General Liability or CGL insurance. If the contractor you consider hiring for your project does not have this insurance, you are placing yourself…
Change orders in construction are a common occurrence in the construction process. Contractors will request change orders for any number of reasons. It could be a change in scope directed by you as the owner or it could be for overtime or weekend work not included in the original contract. It could be for schedule…
Construction fraud can rear its ugly head following any devastating spring, summer or winter weather event when the cleanup and rebuild process begins. Contractor fraud is more rampant during these times so it is important to be able to identify the signs of a less than reputable contractor and leave nothing to chance. When the…
Overhead Costs – The Difference Between Direct and Indirect
Included in every estimate for any construction or reno...
Your Risk When a Contractor Does Not Pull Permits
Whether performing remodel work or new construction, wh...
Contractor Markup – What are you really paying?
Contractor markup is a given when hiring a contractor f...
Construction Contingency May Be a Point of Contention When Building
A construction contingency, as it relates to a build pr...
Construction Errors have a Claim Statute by State
Construction errors or defects can be simply described...
