The final document in the bid package is the bid summary sheet. After the contractors fill the bid specification worksheets, they use a bid summary sheet to list the final prices for each room as well as the total price for the job.
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If so, there is a strong likelihood that the homeowner’s opinion is somewhat biased. ) Can the contractor provide a current credit report? A credit report will have information about the contractor’s financial position and will include claims or judgments from previous customers or unpaid suppliers against the contractor’s company, or against him or her [...]
Applying a Competitive Bidding System at Property Auction (2) Contractors who have been in business for a long period of time have had a chance to learn the best, quickest, and most efficient ways to perform their work. Has the contractor performed work similar to the work you want done?
For extensive renovation work, I recommend that you establish a competitive bidding system. This involves interviewing and obtaining estimates from three to five contractors and will help to ensure that you have a wider range of experienced professionals and prices to choose from.