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Quick Tips I How to Get Contractor Pricing - RFP Magic

Quick Tips I How to Get Contractor Pricing - RFP Magic

FromBuild It Coach: Renovation, Remodeling, Home Improvement


Quick Tips I How to Get Contractor Pricing - RFP Magic

FromBuild It Coach: Renovation, Remodeling, Home Improvement

ratings:
Length:
17 minutes
Released:
Jul 22, 2020
Format:
Podcast episode

Description

Inviting a contractor to provide a bid/price for your project is an art and a skill. You can use the Request for Proposal Document (RFP) as a tool to help you choose a great contractor to construct your renovation or remodeling project. The RFP puts the homeowner and property owner in charge. The contractor must respond to your RFP correctly in order to have any hopes to construct your project. The RFP also serves as a checklist that allows the property owner to plan and organize their project goals. The RFP is consists of several important sections to include:Date & Title/Name of the ProjectProject Scope Statement that references the plans, specifications and/or a detailed scope of workApproximate Start DateApproximate DurationBid Award Rules (Low Bid, Quality of Bid, Best Value)Bid Requirements to include the Bid Pricing Sheet and Preliminary Project ScheduleContract Attachments (Safety Plan, HOA Rules, Local City Ordinances) Your rules, to include taking off shoes, work hours, smoking, cursing, Subcontract Agreement (Fixed Price, GMP, Cost Plus, Time & Material)Bonding RequirementsInsurance RequirementsRewards or Liquidated DamagesWarranty RequirementsPermits, Fees, InspectionsLearn the magic of the RFP document so that you can hire a great contractor and avoid project chaos and money loss.
Released:
Jul 22, 2020
Format:
Podcast episode

Titles in the series (35)

Do you have a dream remodeling, renovation or home improvement project planned for your kitchen, bathroom, basement, roof, exterior, backyard, patio or house addition? If so, listen to the Build It Coach hosted by Dale Scriven-PMP®, DBIA, as he teaches homeowners, property owners, and house flippers expert strategies of how to manage a construction project from the beginning to the end. Obtain authentic strategies not revealed on DIY Network and HGTV. You will learn how to increase your property value while avoiding deceptive construction industry practices that lead to frustration, sleepless nights, money loss and catastrophic project failure. Unearth practical knowledge that allows your project to be delivered on time, under budget without being ripped off. Discover how to find and hire reliable Interior Designers, Architects, Engineers, and Contractors. Topics discussed include architecture, engineering, interior design, construction materials, technology, building codes, foundations, carpentry, painting, exterior work, electrical, plumbing. mechanical (HVAC), energy conservation, landscaping, drawings, specifications, insurance, contracts, bonding, and safety. Uncover the budget-busting schemes General Contractors and Subcontractors use to justify expensive change orders that originate from unclear scopes of work, drawing conflicts, time delays, and fraudulent legal claims. Get a real understanding of rehab conflicts viewed on popular shows like Property Brothers, Fixer Upper, Flip or Flop, Christina on the Coast, Home Town, House Hunters, Kitchen Crashers, Love It or List It, Rehab Addict, Bath Crashers, This Old House, and Man Caves.