Tuesday, October 6, 2009

Selection of Home Contractor

Selection of Home Building Contractor and Bidding them with Home Building Contract:

Once you select home plan, the next decision you have to take is Home Building Contractor's Selection. Contractors are 2 type:
  • Exclusive Contractors who perform total Home Building Process : A - Z and
  • Specialized contractors for specialized jobs like Electrical Contractors, Plumbing Contractors, Structure Contractor, Roofing Contractor, Painter, Interior Decorator, Garden and Landscaping Contractor etc.
Exclusive Contractor signs contract for home construction and then award different subcontracts to different specialized contractors for different jobs like electrical works, plumbing, painting, garden and landscaping etc.

Some contractors have their own set up to perform A-2-Z process of home building and they handover the keys of the house to the owner after completion.

Things to Consider When Selecting Home Contractor:

  • First decide which type of contractor you need. Exclusive Single Contractor to perform all home building process or different specialized contractor for specialized job. In both cases, you have to monitor the jobs yourself ensuring the task is being done as per schedule and satisfactory.
  • If you have assigned contract including material then the respective contractor will be responsible for the procurement of material for his job work. Otherwise you need to purchase required material and make it available in time.
  • So how you will choose the right home contractor? Let's see:
  • First, brush up your mind and try to note down the names of conctractors in your area you know personally.
  • Have words with friends, relatives and see what they recommend and note down their views.
  • Refer Local Business Directory or yellow pages where you will have an idea about the contractors address, his capability, set-up from their advertisement.
  • Visit top 3 / 4 contractors from your list and during your conversation with the contractor check following points:
  1. Is he government licensed contractor?
  2. Is he a member of any trade association or organization?
  3. Ask reference projects he has completed or ongoing projects. View some photos.
  4. Check the years of experience in construction business.
  5. Does he provide insurance coverage for project?
  6. Does he provide warranty for any faulty job?
  7. Does he help you for getting various permissions from government authorities?
Such cross check will help you to choose right home building contractor for your dream home project.
  • Then get quotation from 2 or 3 shortlisted contractor for comparative check. In quotation you should check what quality and brand of material has been mentioned, payment terms completion period etc.
  • Then finalize the best Home Contractor and bid him with Home Building Contract with terms & conditions.
Make sure to include following important clauses in your home contract:

  • Material type, brand or quality to be used - in case your contract is including material.
  • Payment terms and slaps to be paid to contractors.
  • Completion period.
  • Insurance Coverage
  • Warranty against faulty job work., etc.
You can include the clauses in the contract as per your requirement. If you would like to see some sample Home Construction Contract as a reference, you can visit www.findforms.com and search 'home building Contract' at the given search box. This site is great source of legal documents you may require for your variuos legal needs.

Also have a look at this link : www.ci.portland.me.us/planning/constructioncontractsample.pdf to check sample construction contract.