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Updated about 5 years ago on . Most recent reply

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Benjamin Poole
  • Sydney, New South Wales
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Do Contractor Savings Pass to the Owner?

Benjamin Poole
  • Sydney, New South Wales
Posted

I'm planning on doing a rehab project from a distance. This may mean a combination of buying materials for the job myself and having a contractor buy materials.

Any tips on setting up a project in such a way so that any cost savings the contractor manages to find on materials (i.e. sales on items or negotiated discounts) get passed on to the overall projects costs?

Same question for when labor comes in less than estimated?

I'm sure the contractor will make sure that any extra costs incurred are passed along!!

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

@Benjamin Poole  No , any discount a contractor gets is due to his loyalty , buying volume and negotiations with the suppliers . No professional contractor will even tell you what the materials cost . They will give you a contract  price for the finished job . Contractors are for profit businesses , leaving money on the table is not a good business practice 

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