From my experience, I found that quotation is one of the most important elements in our dealing with the contractors. It should be spelt out clearly if you do not want to get shortchanged and feel heartached like I did. Because, unless it's in black and white, there will bound to be misunderstandings, especially if the contractor, like mine, is unscrupulous.
I hope that you have better luck and you manage to get yourself an honest and responsible contractor.
So what are the things that should be listed in the quotation? Below are some of them but by no means an exhaustive list. If you can think of something else, please post a comment to me. Thanks!
1. Qutotation MUST have deadline for completion of the renovation. It must include a penalty to the contractor in monetary term otherwise the deadline will be meaningless.
2. Quotation, ideally, should specify that, in the event that you would like to drop/cancel any of
itemised jobs, will the full cost of that cancelled work be deducted from the total renovation
cost? If not, it should be spelt out clearly how the deduction be calculated.
3. Quotation, if including paintings, should specify what type and what brand of paints that
will be used so that you will not be shortchanged. And whether the paintings will include
undercoats for materials that require them such as wood, pvc and metals (lest the paints
peel off within a year).
4. In the quotation, it is preferred that it be stated that, should there be additional work
involved that was not accounted for in the quotation, it is the contractor's duty to inform
you about the additional cost (where cost is involved) BEFORE he carries out the work.
Failing which, it should be considered as part of the deal.
5. The quotation should, if possible, also spell out what are the minor fixtures and fittings that
are included in the cost. Things such as DP box, switches, ELCB, electric wall sockets, sink
trap, sewer manhole, door hinges, etc.
My next intallment will be on Things You Should Know/Do Before Renovation Work Begins.
Stay tuned!