"LittleF" wrote in message
...
We are considering hiring a contractor to demo, install kitchen
cabinets, do electrical work (possible additional 220 line for
separate cooktop), and plumbing for a small kitchen remodel. He
subcontracts the elect. and plumbing, and states all are licensed. We
are buying the cabinets and countertop/sink, appliances ourselves. He
works on a T and M basis, time and materials. Time cost is $115 an
hour for 3 men working. He estimates the job at about $6000-7000
total, but his contract provides for no max for the job. His
references are good. Small kitchen about 13 feet by 7 feet, galley
style. Floors and painting we are doing ourselves also.

What should one consider with signing a T and M contract?


You need to have a cut off point. A maximum price. I suggest that you get
a few other prices before committing. A kitchen remodel is not an unusual
project that a contractor cannot give a firm price. A recent customer of
mine got a price of $27,000.00 from a contractor to remodel a kitchen in a
two bedroom condo. She wound up sub- contracting everything herself for
less than half of that.