How much does this cost?
Friday, August 21st, 2009
We’ve been working hard getting bids from subs. The prices have been all over the board. The biggest change however over the past two years is the willingness for subs to negotiate their prices. Our plan is to make sure we have at least two bids for each trade, pick a sub and see how we can do with pricing. A good example of this is our electrical category. I’ll be purchasing all the fixtures myself through a local electrical supply store to avoid further mark up on fixtures, but we have three bids for electrical labor – $17k, $21k and $35k. This is a fairly large difference in pricing. The highest bidder also has the most exclusions in his price. It’s very important to read all the exclusions. Subs will often include in their exclusions items that are on the plans and even noted to be included – this can be especially confusing when installation happens and you notice you’re not getting what you expected. With this kind of market, I have a feeling I can offer the job to the lowest sub at $15k and I’m fairly confident he’ll happily take it.
Another big savings so far is windows. Companies encourage architects to use their products by offering discounts. If the product is for the architect’s own use, the discount can be more. Because of this discount process we’re able to afford Marvin Windows – which in my opinion is the best wood clad aluminum window we have access to in the pacific northwest. To sweeten the deal further, Marvin will extend another nearly 30% discount if we have a public tour of the house. Luckily, I’m a part of the local 11xdesign collective, so I can assure this will happen. The entire window package is now at $32k for Marvin’s Ultimate Casement. This casement window offers an opening 42″ wide x 96″ tall – the largest casement window on the market. Marvin also threw in the Low-e 366 coating – click here to learn more.
As the final numbers come in, I’ll post about the numbers, what they mean and how we intend to handle them.