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Working drawings are submitted to the respective suppliers and sub-contractors who will provide written bids for all major cost categories, i.e., lumber, windows, plumbing, heating, drywall. Although it is a laborious and time-consuming task, it is a critical component that will assure both builder and home owner that they have arrived at a realistic estimate of the cost of constructing the residence. If the bids come in higher than anticipated, changes and revisions will be suggested to reduce costs. Beginning the project with realistic budget constraints will minimize these difficult decisions.
"Prior to entering the contracting business, I utilized my accounting degree for nine years in public accounting and as a financial controller. That experience has proven to be a tremendous asset, as we place the emphasis of our operations on financial cost management. Effort is made to be as thorough and as complete as possible in all aspects of the bid and estimate process, and to present this information in a successful client/contractor relationship--something I take great personal pride in."
~Brad Kelleran
Once the construction cost estimate is completed, a construction contract will be executed and included with the cost breakdown and material specifications that will be submitted to your lender. To minimize the lead-time to start construction, working drawings are submitted to the city or county building and planning departments for permit application at the same time the construction package is submitted to the lender.
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