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The selection of the Building contractor before you start constructing your home is of vital importance these days. It is indeed considered correct to spend time and resources to search a competent contractor before the start of the construction to avoid hassles and problems later on. Most of the people get lured by the rosy quotes and inflated assurances of quality given by the contractors to grasp the job and then customer is left with no option but to compromise on the quality of the job.

Some of the key aspects to keep in mind before you choose a contractor are:

1.       Experience of the Contractor

  • Does your contractor have the right kind of experience?
  • Even if yes, is it relevant to the scope provided by you?
  • What are the works that he has carried in the past and their proofs?
  • Does he provide any good references?

2.       Financial Strength

  • Always look out for a contractor with a healthy Balance sheet as if in case there is a delay in the payments from your side he shall not stop work and can continue the necessary works on his own.
  • Petty contractors tend to ask money in advance where as a financially sound contractor may not do so.
  • Chances of cost over run are less as a financially sound contractor will check all the perspectives before putting a quote in front of you.

3.       Resources at Disposal

  • What are the plant and machinery that he possesses that your construction may need?
  • What about his local liaison skills, which may be needed to deal with local authorities?
  • What about the skilled and un-skilled manpower- Adequate and Sufficient?
  • What about In house arrangements like draftsmen, collaboration with Reputed architects to control the unnecessary delay due to changes in the plans?
  • Should be having a strong web of subcontractors as many of the activities are interdependent and requires interittent workers on the job.

4.       Value Engineering

  • As constructing your dream home may be one time opportunity in your life and you may try to leave no stone upturned in selecting building and construction material, and so at times some contractors may use this opportunity to cheat upon you
  • However, an experienced contractor will guide you with best of the construction material options and alternatives available considering the optimization of cost.

·         Always look out for a contractor with a healthy Balance sheet as if in case there is a delay in the payments from your side he shall not stop work and can continue the necessary works on his own.

·         Petty contractors tend to ask money in advance where as a financially sound contractor may not do so.

·         Chances of cost over run are less as a financially sound contractor will check all the perspectives before putting a quote in front of you.