It’s essential to have an idea of the project’s cost before deciding on a builder. Requesting three to five quotations from respected builders is an excellent place to start. Any and over five quotations can delay the comparison process and cause extra confusion. Make sure all builders receive the same information, and you’ll be able to compare their proposals side by side and decide on your building projects with confidence.
Depending on how much information you provide the builder, you may receive either an estimate or a firm pricing quotation. Including a comprehensive tender package in your request is the best approach to obtain accurate comparative bids. The purpose of a tender package is to provide the contractor with information about the task and what he needs to build. A proposal should include:
1. Plans and diagrams for homes
2. engineering principles
3. soil analysis
4. Requirements
5. Report on energy