AtHomeWithSarahBeenyAutumn2016 - 213


5

ENSURE THAT YOU ARE
GIVEN A QUOTATION AND
NOT JUST AN ESTIMATE
BEFORE WORK BEGINS

An estimate is an approximate
guide to what you can expect to pay. Once
you have been given a quotation, this is the
amount that a contractor is expecting to be
paid for the job. Some estimates will include
'provisional sums' which are used for work
the builder has to sub-contract and has not
obtained firm estimates for. Make sure you
are consulted before a provisional sum is
converted into a firm price.

6

HIRING A PROJECT
MANAGER IS ALWAYS
AN OPTION
Remember, if you don't feel
up to managing the project and
budget yourself, employ an
experienced, efficient manager to do
the job for you - this will ultimately
save you money in the long run.
Staying on top of your budget will
help you to feel in control of your
finances and your entire project.

7

ALWAYS GET THREE
QUOTES BEFORE
DECIDING WHO TO
HIRE FOR THE JOB 
Be specific and get an
itemised quote. You'll be able to see
where and how to reduce costs if
needed. You'll also be able to think
about how much work to outsource,
and how much you can do yourself.

10

REVIEW YOUR
CALCULATIONS
REGULARLY AS
THE WORK DEVELOPS

8

DECISIVENESS PAYS
OFF. IT'S SIMPLE
- DECIDE WHAT YOU
WANT TO DO AND
HOW MUCH IT WILL
COST IN TIME AND MONEY 
Make up your mind and stick to it.
If you are indecisive it could end up
being expensive.
Decisiveness will allow you to
manage the project with efficiency
and precision, helping you get clearer
quotes and timelines from contractors
at the outset and hopefully make the
entire process a smooth one.

9

BE CAUTIOUS ABOUT OPTING
FOR THE CHEAPEST QUOTE 

A budget is a working
document and something
that needs to be monitored
throughout the entire process,
not just in the planning stage.
Keep a detailed track of all
costs and make time in your
schedule to review so you can
ensure that you - and your
builders - stay on track.

A builder who gives a low
quotation may well realise halfway
through that it was an unrealistic
figure - this is where problems will start to set in and it may even end
up with them leaving the job unfinished. A healthier profit margin for
the contractor means that they are more likely to be on your job than
another. A higher cost may also indicate a higher standard of work
- long-term, a professionally run site will mean you spend less.

www.athomemagazine.co.uk OCTOBER 2016 | 213


http://www.athomemagazine.co.uk

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