gooner,
You have to walk away from these ballpark estimates - they will just walk you straight into trouble.
You need a set of drawings properly specced up with everything called up on them down to the number and type of plug points and light fittings
Even on a €150,000 I would get a Bill of Quantities [BoQ] done and agree a schedule of rates.
- If you fail to fix the price you are wide upen to either getting fleeced on extras.
- If you fix the price but have not agreed a proper bill or sample you are not assured of quality.
A good balance smay be achieved with a proper estimate of costs based on a good set of drawings and a specification with sample of the fixtures and fittings.
This leaves the builder free to offer equal approved for your architect to check out for you and you may achieve cost reductions to your benefit.
That way you may make savings but maintain quality and you have an independent eye looking out for your best interests.
The reason for the BoQ and drawings in the first place is so you can get a minimum of thre prices for the work - but don't simply accept the lowest price.
There are many contractors out there who have been hit hard and are clinging on by the skin of their teeth, forced into below cost trading. Too much of that and they go under eventually.
This can lead to a situation where sub-contractors or suppliers are suing for materials or work done from the main contractor.
Materials that are on site but not incorporated into the built work yet may be subject to seizure depending on the form of words of the contract.
Its important to have alternative builders to take over the work and more importantly that you have someone who will only certify the works that are complete on site.
This is where a competent architect can bring a dregree fo confidence to the situation - most are well versed in variosu forms of contract and can advise for example on making variations to the terms and what these might mean.
At no point go to site without agreeing a programme, a price and liquidated and ascertained damages [LAAD].
Do NOT for example tell your builder that you have somewhere to stay for free - this could change anyway, but you need to keep your builder on his toes at all times.
That having been said the LAAD cannot be a penalty, but has to be a genuine estimate of loss in the event the contract exceeds its term.
Too many self builders are taking the DIY route without even wanting to know the risks, never mind why the existing checks and balance are in place in the building industry. They are not arbitrary and contracts have been developed to suit whatever situation is envisaged.
Food for thought.
ONQ.
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All advice on AAM is remote from the situation and cannot be relied upon as a defence or support - in and of itself - should legal action be taken.
Competent legal and building professionals should be asked to advise in Real Life with rights to inspect and issue reports on the matters at hand.