Finding a Reliable Subcontractor in Construction
When you have been awarded a large contract, there are some areas that the main contractor will need experts to take control of. This can be extremely cost-effective in the long run but it is important to understand just like in any field of life when you hire externally, this can come with problems of its own. Contracting with a subcontractor basically makes you responsible for all matters on site and you are required to make sure that all materials, services and labour are on site.
Cash flow has killed off many businesses in the construction industry and more importantly for you, a financially unstable subcontractor can ruin everything you have worked so hard for. This can be difficult to attain as most contractors will simply not disclose their financials to you, however, there are a few ways to gauge whether the bidding company has enough stability to complete their given task/project. For example ensuring there are qualified to be a sub-contractor so asking if they have the right licenses, insurance etc. to take on the project. Also, check their website to see what previous projects they have completed and then use google to investigate the projects in further detail. Lastly, simply using your gut instinct when talking to the managing director is usually a great gauge on the company, do they seem to eager? Are they in any way unprofessional with you?
This is important as it can impact staff resources, equipment available etc. Which can cause major delays in your project plan/schedule, costing you in the long term.
Quality Comes First
Finding a reliable and good subcontractor takes good research on your part, from their website, social media to previous projects; how much does the bidder care about the quality of work?
First on the list is checking references, Green Construction Solutions have their previous clients on their home page. It is now your responsibility to contact these clients and verify these clients and their work with the bidder. Attempt to get as much information as possible on their performance on a specific project and if the bidder is currently on another project make sure to ask how the resources from that project may affect your own.
Quality and pricing usually work together, the lowest bidder is not always your best option. We all know the quote ” You get what you’ve paid for! ” and far too often this is the case in the construction industry. Cutting corners will only cause financial pain in the long term. Looking for subcontractors that are reasonably priced while staying within your budget.
Other questions to be concerned about include:
Safety including but not limited to insurance?
Project Cost and Payment Terms?