believe you, like our past customers have, will find Elite's approach to
costing, billing...etc., to be refreshingly up front!
You will not get the standard proposal showing $X for
labor, $Y for materials. Not really knowing what you are paying for any
particular item or the hourly rate(s), as you would and most likely have gotten
in the past from others.
you will get from Elite is explained below!
Elite's estimates (see a sample
estimate below) break down item by
item the cost for each, both materials
and services to be used.
Essentially, we work by a time and material
basis, but with a labor hold on hours.
You'll find in the note section
of each estimate "BILLED
AMOUNT WILL BE: ALL MATERIALS AND OTHER DIRECT COSTS ATTRIBUTED TO PROJECT,
PLUS MAN HOURS WORKED @ RATE SPECIFIED not to exceed -- hrs on project as
We estimate man hours based on labor factors
we have developed over 30 years by project type, industry standards
and our extensive history on similar projects.
The hours for each specific project are derived then by
multiplying the total materials cost by the labor factor. (example:
Estimated Materials of $5000.00 for a remodeled typical bath we use a
labor factor of .035 which would result in a man hours labor hold of 175)
The hourly rate we
will be charging for those man hours is shown. Estimates for subcontracted items such as electricians,
plumbers, excavators, etc. will also be shown but paid
direct to the individual subcontractor, and we charge you what they
charge us, no kick backs. These subcontractors hired by Elite will
answer to Elite and we accept responsibility for their performance.
Any change in plan, additions to project or change in materials type and or
quality from original estimate that change the labor time will be tracked
and those added labor hrs will be charged.
We use an expansive data base that gives us
a labor factor (material
cost to labor coefficient) to use on each project type, in this way we can
most hours we expect to put in on your project. PLEASE NOTE THAT MATERIAL COSTS LISTED ARE AS OF
THE TIME OF THE ESTIMATE AND ARE SUBJECT TO INCREASES BY THE VARIOUS VENDERS
AND ARE GENERALLY ONLY GOOD FOR 30 DAYS.
A "Time (not to exceed
labor hrs hold as noted) & materials estimate" will be noted at the
top of each estimate. This means: You pay only for the man hours worked on your project. We give you a job ledger at the
end of the job (you can see one at "how we do
billing") showing each purchase, costs and hours worked logged
each night. This ledger is provided every few weeks on big projects so you can see how we and the costs are
progressing. As mentioned above, we give the maximum man hour threshold that
will be charged.
example: We estimate the max man hrs at 20 and we use 18,
only pay for those 18 hours, if we however used 22 you would pay 20
(the labor hold). We will only go over that limit if changes or additions are made by the
customer or a major problems arise (i.e., finding rot during remodeling) requiring additional work.
If changes etc. are made, or unforeseen problems arise we will then use the labor factor to determine what
our new labor hold would be to insure we stay productive, or we will log the
additional hrs directly attributed to these changes, or do an
additional estimate covering these changes (only if requested). If such an
estimate is requested the down time required if we have to stop the project
and time to augment the estimate will be charged at the project rate..
When you sign for a project we ask for 10%
$2000,down non- refundable retainer fee to
hold your spot on our schedule.
RETAINER FEES BECOME PART OF MATERIALS DOWN PAYMENT AT PROJECT START, AND IS FORFEITED IF CUSTOMER BACKS OUT AFTER SIGNING. SCHEDULED PROJECT START DATES DELAYED BY CUSTOMER MORE THAN
90 DAYS MAY AT ELITES DISCRETION BE CONSIDERED BACKING OUT OF
THE COMMITMENT AND IS THEN SUBJECT TO RETAINER FORFEITURE.
A signed copy, of a printed copy of
our PDF estimate is preferred, however
electronic confirmation of any sort of an estimate via., e-mail, text,
etc. constitutes acceptance, as a signature. In addition sending a signed
check in the amount of Materials deposit, and or retainer in the amounts
shown in an estimate will constitute acceptance of that estimate (contract)
as written including all terms and conditions.
|New construction will be done using an industry standard builders contract,
with all it's usual allowances,
or our std method if both the customer and Elite prefer.|