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Kathy
 
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Default Contractors Insurance: What To Ask For ?


wrote in message
...
On 7 Mar 2006 07:15:24 -0800, "CanopyCo"

wrote:




Get the contract in writing, and make sure there is a clause

in there
where he pays you if the job is not completed in full in X

number of
days, for every day after X days that the job is still not

finished.

That will be the first signal to the contractor that you are

going to
be a very high maintainance customer ... and that he should

turn down
the job.

And not the company owing you, but the contractor personally.


Maybe the contractor could give you $50 000 cash up front ...

and when
the job is done to your satisfaction, you could give h im

back the
50 grand plus the value of the job.

I knew of several guys that start jobs, then stick you up for

more
money to finish them.


That's why you do a reference check.

And it is really hard to find someone to take up a job that

was started
by someone else.


Unless the market is dead and the contractor is starving, It is

going
to be really hard to find someone under the terms you're

suggesting.

Ken


Just cause he's paranoid doesn't mean they're not out to get him.