estiq 0 Report post Posted September 8, 2011 Just sharing with everyone what you can do to deter contractors from completing your reno late. I am in the midst of my reno works and apparently it will be delayed "due to unforeseen events" like the President Election.. *rolleyes*I made my contractor an agreement: for each day of late delivery (LD) I will get $15 off my final for the first 7 daysThe next 7 days will be $25 off for each dayThe following 7 days onwards at $35 off. he is now 10 days late hehe and there's a flurry of work going on now.You guys might want to consider the same and when more people do this it will become industry standard.This is already the standard for commercial contractors at up to $2000 per day for late delivery!So my rates for home reno sounds pretty sane.My friends actually suggested $50 per day. So go with what you are comfortable with. Hope it helps! Share this post Link to post Share on other sites
Ricsu 0 Report post Posted September 10, 2011 Did the contractor agree to give the discounted price? Share this post Link to post Share on other sites
renman2735 0 Report post Posted September 19, 2011 Just sharing with everyone what you can do to deter contractors from completing your reno late. I am in the midst of my reno works and apparently it will be delayed "due to unforeseen events" like the President Election.. *rolleyes*I made my contractor an agreement: for each day of late delivery (LD) I will get $15 off my final for the first 7 daysThe next 7 days will be $25 off for each dayThe following 7 days onwards at $35 off.How were you able to get him to commit and how will you get him to honour the agreement? Is it in the contract? And is that legally binding? Share this post Link to post Share on other sites
estiq 0 Report post Posted September 24, 2011 Hi all, yes the contractor agreed to my rates. I brought this up during our early meetings and work has already started. He was pretty confident it would end on time so he just agreed. I think a verbal agreement is also legally binding.anyway the total amount I calculated was $15 x 5 + $25 x 5 + $35 x 2 = $270 I calculated based on a 5 day work week though he had little works going on during the weekends.anyway, he suggested that he would paint all the doors and gate of my house instead of an outright $270 rebate and we were fine with that.I just hope more people would do this and put it in the early stages of negotiations so that this become an industry practice. It already is the industry practice in the commercial reno market, why not home reno market? Share this post Link to post Share on other sites
dustyboi84 0 Report post Posted September 25, 2011 Cool, but not a good idea.If this become a industry practice, the quality of the production will drop. Share this post Link to post Share on other sites
Synchron 0 Report post Posted September 25, 2011 This is usually only practiced for commercial renovations for not completing in time.. however your demand is quite reasonable though. Share this post Link to post Share on other sites
estiq 0 Report post Posted September 29, 2011 I don't see why quality of work should drop just because there is a penalty to missing the deadline. Does it mean that the timeline given was never meant to be taken seriously? Commercial works have penalty and still quality of work must be delivered. So what's the diff? Share this post Link to post Share on other sites
DouglasHoh 0 Report post Posted October 2, 2011 If this is given to contractors for your home, you are really asking for bad workmanship due to rush work. As for retails and commerical, theres a LD because of huge rental fee, workers pay and etc. Hope other members here do not follow your way. Do you want to save a few hundreds and compromise the workmanship that you might used at least for 5 to 10 years? Do a calculation for this. Share this post Link to post Share on other sites
DouglasHoh 0 Report post Posted October 2, 2011 As for schedule, its always says that PROPOSED SCHEDULE... if yourself delay some work or have additional or even drag some of the time. How could the contractors met the schedule? Share this post Link to post Share on other sites
arowana 2 Report post Posted October 3, 2011 what one can do is create a gantt chart and layout what plans or needs to be done week on week. Layout clearly what will need to be provided by you also so that there's no misunderstanding of lateness in delivery.GEnerally 5 room takes about 2 months there about. More carpentry will need more time. Because a contractor usually uses 1 carpenter for all the carpentry work also. So the carpenter can only do the carpentry work one by one, it wouldnt happen consecutively.I'm running into my 2.5months of delivery and trying not to rush my contractor too much but understand that i've quite alot of carpentry so this is not to be unexpected. Putting a late delivery clause will only make the contractor give you a much later delivery handover or doing a rushed job which nobody really wants also. Share this post Link to post Share on other sites
arowana 2 Report post Posted October 3, 2011 what one can do is create a gantt chart and layout what plans or needs to be done week on week. Layout clearly what will need to be provided by you also so that there's no misunderstanding of lateness in delivery.GEnerally 5 room takes about 2 months there about. More carpentry will need more time. Because a contractor usually uses 1 carpenter for all the carpentry work also. So the carpenter can only do the carpentry work one by one, it wouldnt happen consecutively.I'm running into my 2.5months of delivery and trying not to rush my contractor too much but understand that i've quite alot of carpentry so this is not to be unexpected. Putting a late delivery clause will only make the contractor give you a much later delivery handover or doing a rushed job which nobody really wants also. Share this post Link to post Share on other sites