Things to confirm with contactors before hiring them

Commercial and residential construction involves big amount investments. And any disputes or issues between the contractor and customer may result in financial blow to both the parties, particularly to the investor. We bring you the list of some important things that you must confirm with the contractor before hiring him to protect your interest.
1: Check out the experience of the contractor
Look for long experience as quality of services depends upon experience of the contractor.
2: Confirm the duration for accomplishment of your work
Confirm the duration with the contractors to avoid enhanced expenditure beyond your budget.
3: Will the contractor enter into time and material contract?
This is also an essential aspect while planning to hire a contractor for your project, since it will determine the quality and duration of work.
. 4: Mostly by how much time the project gets delayed?
Take a rough idea about the time by which projects usually get delayed as contractors often take more work than they can handle and keep few of their about to complete projects on hold.
5: Will the contractor himself or the project manager visit the site each day?
This is important to confirm because it ensures the speedy as well as timely construction of project as per the construction plan. If the contractor does not commits it, think twice before hiring him.
6: Check the concerned on-site project manager
It is vital to know the particular person in charge or on-site project manager whom you can contact about the things related to the project.
7: Check the concerned person for daily updates
It is not possible for an owner to visit the site daily and also if he does; it is hard to understand the status of work, material used etc. So you need to know the person who would be giving daily updates.
8 : Written contract about the items required, expected time frame cost of completion of project and termination clause
To save yourself from the tantrums and unprofessional-ism of contractors, get above listed terms written in a legally binding contract. This is important for the customer to understand course of action to be taken by him on the event of things not going as per plan.
9: Guarantee of work
It is a growing tendency among-st consumers to confirm about the warranty. Ask your contractor about the guaranty, if he can provide. If yes, then what it is?
10: Daily work schedule
Fixed 9-6 hours of work schedule is what you should expect. This is vital for the sake of your money and time.
11: Any history of legal disputes in past
If you get to find one or two, then its fine as owners too may be at fault. Enquire about earlier issues and then decide to give contract of commercial building construction or residential to him or not. If the contractor gets clean chit, then don’t waste time and get your construction work started.
12: Payment schedule
It depends upon the company, but one should make sure to not pay the entire amount up front. Paying in installment is a good idea.
13: Termination clause in the contract
Commercial construction can be as exhilarating –and intimidating too. Confirm about above points with contractors you’re thinking for the job, and then hire the contractor