Whether you're a home buyer who is looking to build or renovate or a designer who is considering which construction companies to work with, making a selection is serious business. The key is to balance cost with a low level of hassle, which can be difficult in this industry. However, it is possible when you understand the process. Here are six tips for choosing construction companies:
1. Read every contract carefully. The biggest sign of whether a company is professional is how well their contracts are done. You can get an idea about whether they employ people who will dot the i's and cross the t's or whether you will have to do all of the heavy lifting.
2. Find out how they handle their communications. With some companies, you will notice that it is a real challenge to simply find someone to talk to who knows anything about your project. You need a contractor who is available and able to speak with you on your time.
3. Look at their works in progress and their finished jobs. It's natural that you should want to see their finished jobs, and that is certainly an important part of the progress. However, your investigations should not stop there. Ask to see some of the jobs they are working on currently because you will be able to see how well their job sites are organized. Watching them at work will give you a good idea about how well they will do on your project.
4. Find out what their specialty is. Some construction companies specialize in certain types of building projects. Ask them specifically if they have done any work similar to what you want and ask to see the finished product on that job. Try to gauge how much experience they have working on the type of job you are asking them for before you go signing any contracts.
5. Check to see what their liability level is. Construction companies should maintain a minimum of $1 million or more in general liability insurance if they work on a lot of massive projects. Also make sure that they have covered every one of their workers under workman's compensation insurance. It doesn't hurt to ask to see the certificates as well because some companies might just tell you what you want to hear.
6. Ask if they can handle your project in addition to everything else they are working on. Make sure to ask for a specific timeline. Most companies have several projects going on all at the same time, but you don't want to be that extra project which takes longer because you were the lowest one on the totem pole. Perhaps they are just ending a project and can fit you in just nicely. This would be the best case scenario.
There are many construction companies to consider when you are getting ready to build anything, whether it's your dream home or the biggest, most luxurious hotel on Planet Earth. The key is to think about everything very carefully and try to figure out which company will do the best job. Remember that this may not always be the lowest price. Look for the highest quality, and then start considering the bid prices they enter in. You may have several companies that do work that are comparable in quality, but one may come in slightly lower than the others. Avoid any company with a bid that is exceptionally lower than those from all other companies.
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