There are times when a construction job seems to increase in cost at a dizzying pace. Contractors know that customers are wary and nervous about getting into a contract that seems too pricey. But you should be cautious about hiring a contractor, even if they give you a good explanation of why their prices seem high.
You can ask them to explain their prices, but be careful not to let them know that you are thinking about walking away. You don’t want to lose a project because you have gotten greedy and raised the bids. However, if you hear a credible Electrician cambridge explanation, you may not have a reason to walk away. If you do decide to raise the bid, you should only do so by 20 percent.
If the contractor starts to complain about this and tells you that it’s too much, you should still listen. It would probably be better to accept the higher prices and hope that it will lead to a successful completion of the job. You should know that it’s normal to raise prices after a bid has been accepted. This is because construction costs will inevitably rise, and you are willing to accept a smaller profit margin.