Hi all,
I'm new to the forum, and also a new General Contractor.
Here's my scenario:
Shortly after recieving my Contractors license I contracted with one of the local home improvment stores as a start to my business.
As you can imagine, at times this is a major "PIA" and just barely worth the efforts put forth.
Anyway 1 of the jobs that I estimated was for a kitchen cabinet install, probably a 4 day job granted everything goes right. I sent over my bid, which was then accepted and a PO# sent out resulting in me scheduling the job. The homeowner decided 24 hr prior to the install date to cancel. I am not called, but informed through the home improvement store. I at this time am a little frustrated, but let it go, and fill my 4 days of free time with other work. I find out 3 weeks later that the homeowner cancelled because they found an unlicensed contractor that will do the job for alot less than I can. As you can imagine I am enraged about this.
My questions are as follows:
I took on a degree of risk when I sent a bid over, and agreed to the job for a set fee, I'm tied to this number if anything goes wrong. Shouldn't the homeowner or home improvment store be tied to this number granted anything goes wrong on their side?
Am I entitled to my estimated profit?
I called the contractors board and reported the unlicensed activity, I was going to send a bill for estimated profit, a notice of completion due to the cancelled contract, and a notice of right to lien for the face value of contract. Am I right or wrong here?
I normally would let a cancelled contract go, but as you can see the events that took place are a complete slap in the face to me, and anyone else who is licensed, insured, bonded, and running a legit business.
thanks,
DK
I'm new to the forum, and also a new General Contractor.
Here's my scenario:
Shortly after recieving my Contractors license I contracted with one of the local home improvment stores as a start to my business.
As you can imagine, at times this is a major "PIA" and just barely worth the efforts put forth.
Anyway 1 of the jobs that I estimated was for a kitchen cabinet install, probably a 4 day job granted everything goes right. I sent over my bid, which was then accepted and a PO# sent out resulting in me scheduling the job. The homeowner decided 24 hr prior to the install date to cancel. I am not called, but informed through the home improvement store. I at this time am a little frustrated, but let it go, and fill my 4 days of free time with other work. I find out 3 weeks later that the homeowner cancelled because they found an unlicensed contractor that will do the job for alot less than I can. As you can imagine I am enraged about this.
My questions are as follows:
I took on a degree of risk when I sent a bid over, and agreed to the job for a set fee, I'm tied to this number if anything goes wrong. Shouldn't the homeowner or home improvment store be tied to this number granted anything goes wrong on their side?
Am I entitled to my estimated profit?
I called the contractors board and reported the unlicensed activity, I was going to send a bill for estimated profit, a notice of completion due to the cancelled contract, and a notice of right to lien for the face value of contract. Am I right or wrong here?
I normally would let a cancelled contract go, but as you can see the events that took place are a complete slap in the face to me, and anyone else who is licensed, insured, bonded, and running a legit business.
thanks,
DK