Anyone undertaking a building project understands the importance of keeping costs down and staying within a budget. Part of that is requesting quotes from multiple contractors to find the one who offers the lowest price.
But sometimes, the lowest price isn’t the best, especially if it comes from an unlicensed contractor. Though licensed contractors may cost more, there are several reasons why you want one on your project.
Legal compliance
Licensed contractors will ensure your project adheres to Florida’s building codes and regulations. They must stay updated on the latest laws and safety standards, reducing the risk of potential legal issues. They also carry the proper insurance covering any accidents or damages that might occur during the project.
Quality assurance
Licensed contractors will adhere to high standards of workmanship. They have undergone testing and proven their knowledge and expertise in their field.
Financial protection
Licensed contractors provide surety bonds, which help ensure you are financially protected if they fail to complete the job or don’t meet contractual obligations.
Expert project management
Managing a construction project involves coordinating different trades, scheduling, budgeting and problem-solving. Licensed contractors have the necessary experience and skills to manage your project efficiently. Their expertise ensures that the project stays on track and within budget.
Access to resources
Licensed contractors have established relationships with suppliers and subcontractors. This network allows them to source quality materials at competitive prices and secure reliable subcontractors for specialized tasks.
Increased property value
Work completed by a licensed contractor is more likely to pass inspections and meet higher standards, enhancing your property’s value.
Peace of mind
The most significant advantage of hiring a licensed contractor is peace of mind. Knowing that an experienced and qualified professional is handling your project reduces stress and allows you to focus on other important aspects of your project.
While an unlicensed contractor may present a lower bid, working with a licensed contractor helps to ensure a better building project experience.