When you invest everything you have in a new build or renovation, there isn’t much room for error. One of the major pitfalls homeowners often encounter is delays that hold up a project. For every day tools are down, you are at risk of losing a considerable amount of money.
Delay Budget Buffer
First and foremost, when you take on any kind of construction or remodeling project, it is important to budget for delays. It is inevitable something will go wrong. Building projects are complex, taking a great amount of coordination, labor and resources. For contractors, time is money, and delays may result in additional costs for breach of contract.
By budgeting for delays, you will give yourself breathing room even in the worst-case scenario. If the project experiences minimal delays that don’t result in cost penalties, you can always use that money to purchase upgrades or to reinvest in your property.
Some contractors have greater potential to cause costly delays than others. Electricians are responsible for wiring the entire property, which must be completed before walls and ceilings are completed. This is referred to in the construction industry as “electrical rough-in.”
Other contractors are provided with a schedule for the completion of electrical work. If the electrician does not complete the work on time, it will result in a delay that impacts on your other contractors. It is therefore absolutely essential to hire a reliable electrician who values timely completion.
Construction that is completed in stages only works when contractors work cooperatively to meet deadlines. When you are hiring contractors, always ask for references and look to the company’s value statement for commitment to high standards.
If you need an electrician for a major project in Minnesota, Affordable Electric can guarantee the work will be completed on schedule. Call today for an accurate quote that won’t bust your budget.