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What Is the Meaning of Time & Materials Estimates in Construction Bids?
When the time comes to jazz up the kitchen with a new look or do solar and energy conservation installations, the homeowner who understands bid language is better equipped to choose a contractor. For instance, when comparing the time charges on competing bids, the difference between the higher- and lower-priced bids might be the inclusion of time for extra items that could make the lower bid more expensive by the time the job is done. If there is anything about any element of a bid that you don’t understand, you should always ask about it. You are entitled to understand everything in a contract before you sign it.