If you pay a little more money for a good job and amortize that cost over time, it s nothing. If you get a poor quality job, you never get over the diminished value and heartache you suffer. There are steps homeowners can take in the bid process to keep costs in line. Turner advises homeowners to be wary of contingencies and change orders. Both are loaded with potential cost overruns.
Contingencies are unforeseen situations.
For instance, if a homeowner asks for shingles to be replaced, the contractor might find rotten sub-roofing in need in replacement. The homeowner should stipulate that contingencies be separate line items in bids. Change orders are midstream changes or upgrades to project plans or materials, often at the whim of the homeowner. Consumers should insist all bids be in writing. Ask for a neutral opinion of the bid from a friend or neighbor.