Before we talk about this, it might be useful to share the difference between a quote and an estimate.
- A quote is a legally binding contract, and is actually often used as a contract in building work under $30k (if above this value, a contract is legally required)
- An estimate is not legally binding, and is offered as a courtesy from the tradesperson to the client. Though it may be presented in the resolution of a dispute, it is up to the adjudicator whether they consider it or not.
So at this point, we had met with the three builders we’d found through Builderscrack and spent time with each one discussing our project. We had three quotes and/or estimates and were ready to decide who we’d go with.
Mark Smith, owner & operator of Mark Smith builders was our choice.
He provided an hourly rate quote, with estimates on total hours and materials. Through discussing with Mark when we met, we agreed that this pricing arrangement would be the best approach for this project – given the potentially variable nature of some aspects.
Mark and his guys could start in a week, and he estimated the building component would take about 2 weeks.
Two of the things that really attracted us to Mark was his experience, but also his problem solving approach to the things we wanted to do. In the course of our initial meeting, he asked many questions about things we hadn’t thought about. If there was anything we didn’t know, he had great ideas for the way it could be done.
We felt in safe hands, confident that Mark would lead the project through to a great result.
We agreed that the quote would form the contract, and Mark would invoice us periodically for hours and materials.
After committing to working with Mark, we organised a further site meeting to discuss the exact project details and make a project plan. Before we met, we would need to organise for the house to be made electrically safe; critical for the project to begin. Mark also suggested we meet with the glazier/joiner on-site at the same time as our meeting, to measure the windows with Mark present- ensuring a perfect fit.
It was time to get cracking!