Browse Forums Building A New House Re: Leave initial deposit with 2 builders and get to contrac 2Jul 30, 2021 11:14 am Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Leave initial deposit with 2 builders and get to contrac 4Sep 10, 2021 2:34 pm Frank Wright I am building a new house and looking at two volume builders. They both have something like a $1.5k deposit required before they get to work to prepare a contract. Would it make sense to proceed with two different volume builders to the contract stage and forego the initial deposit on one builder and proceed with the other depending on what the final contracted price is? I ask this as I imagine that builders must realise you have a lot of time invested up to the point of contract signing giving them leverage and therefore they might take advantage with a padded cost in the final contract. For example, if builder A comes out with a build cost of $30k more than builder B for what is essentially the same thing, I can drop builder A and proceed with builder B. My experience is that the builder will set up a meeting first to go through estimate and work out an estimate price then you pay tender price if you are happy with it. They will use the money to do couture survey, soil test etc then provide you the drawing plan and a tender, normally is higher than originally discussed. I know people who pay for multiple builders to compare the price but it's very hard to compare apple to apple as plan is different. I hope this helps. You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 16542 In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 4814 Staircases and sausages. Should thou wish to keep thy palate sweet for sausages, avert thine eyes from their crafting. 14 4551 |