Contractor price - lump sum or breakdown?
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items?
For example, say you need drywall, insulation, windows, siding, minor plumbing and electrical,, etc., are your contractors providing a total cost, say $25k, or do they break it down like $2k for drywall, $2k for insulation, $4k for windows, $11k for siding, $4k for plumbing and electrical?
Id prefer to see a breakdown for a couple reasons, first it helps me understand how much various items cost in my area so I can apply that to other potential projects. Second, if anything changes during the work or if I need to fire a contractor I have a better understanding of what is owed.
What I'm finding though is many general contractors wont provide a breakdown.
Any thoughts would be appreciated!