Contractor Selection Guidelines start with this question because most
dissatisfaction involves low-bid undercapitalized contractors.
reject any contractor without a permanent place of business.
the contractor is not permanently established, how can you be
confident he will complete the work? How can you be confident
he will be in business if the work needs service in the future?
What do you do if the project fails and you are financially harmed
or the contractor is not financially responsible?
courts are full of dissatisfied owners with worthless judgments
against insolvent contractors.
While there is no way to guarantee any business is financially
stable, there are some steps you can take to protect yourself.
the contractor's place of business. Does it look like it has been
established there for a long time? Does it appear that the equipment,
manpower, and capacity are available to complete your project
in a professional and timely manner?
reject any bid from a contractor without substance.
not be swayed by a personable contractor or his attractive low
price. It is not worth the risk. Select only a contractor
that is financially committed to the business. Select someone
you can call if a problem arises in the future.
professional contractor will have no problem giving you a tour
of the facilities and provide whatever financial proof is required
for your peace of mind. Don't be timid about asking. The professional
respects these questions and knows that time is being well spent
with an intelligent buyer.