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re: Avoid turnkey pricing?

Posted on 8/29/14 at 12:21 pm to
Posted by man117
Los Angeles
Member since Jul 2009
674 posts
Posted on 8/29/14 at 12:21 pm to
quote:

Personally if I were going down this path, I'd get a price on building the house to the point it's ready to trim out. Then I'd work on budgets for my flooring, paint, appliances, trim, fixtures, etc. That also gives me the flexibility of using a different contractor to trim out if I don't have a good experience during construction.

Also be very clear about work acceptance and performance standards.




Wouldn't the allowances part of the bid cover those? So, in essence any bid I get I can get the structure build price by subtracting the allowances?

I have no idea about work acceptance and performance standards. Other than having inspectors come out and to inspect various stages of the build, what should I be doing?
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 8/29/14 at 1:07 pm to
quote:

Wouldn't the allowances part of the bid cover those? So, in essence any bid I get I can get the structure build price by subtracting the allowances?


the problem is you won't really know the base cost unless you ask for that bid separately. It's easy to move stuff around to inflate more profitable parts of a project. Just reduce allowances and jack up framing, drywall, etc. to get to the same budget.

quote:

I have no idea about work acceptance and performance standards. Other than having inspectors come out and to inspect various stages of the build, what should I be doing?


The main thing is just be clear about how disputes and resolutions are going to happen. There is going to something that you're not happy with and a sub isn't going to want to re-do it. Or something that's in will get damaged, etc.
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