"you get what you pay for"
We have probably all heard the saying - 'you get what you pay for'. Well in construction this is often the case. The cheapest supplier or contractor ends up delivering the product late, sometimes an inferior product or their are hidden costs and expenses which add to the overall cost. Of course in some cases there are suppliers and contractors who are really good at what they do, and can deliver their product on time, with the required quality, and still be cheaper than their competitors.
Checking prices for your building materials
To ensure you will be getting the required product at the best price it's usually essential to obtain three or more quotations or bids. More importantly these bids need to be adjudicated properly. Part of this adjudication process is to check that the contractor or supplier has:
It may be pertinent to check on the supplier's/contractor's previous experience and even conduct reference checks with their past customers. (Selecting subcontractors for your construction project)
"Check for additional costs"
In addition ensure that you have allowed for and added any additional costs that you may incur; such as for additional supervision or facilities and equipment which the contractor hasn't allowed, or travelling to visit their off-site manufacturing facilities.
Check the price is within budget
Finally compare the best price (including the additional costs you may incur), with your budget or allowable. If your budget has been exceeded it may be necessary to revise the budget, look for other suppliers, or even adjust your specifications or scope of work to reduce the price.
#constructionmaterials #constructionprocurement #subcontractors
Other useful articles:
how samples, mock-ups and prototypes can benefit your construction project
Do Your Material Deliveries Suck? How to avoid problems
Don’t run short of materials on your construction project
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