The Truth Behind Roofing Bids

Ever wonder about the different calculations that went into your roofing bid? Today, V. Nanfito Roofing and Siding shares a simplified look at how contractors determine how much to quote a client.

Before giving you a bid, a trustworthy contractor will conduct a thorough inspection of your roof, looking at every component, from the shingles to the gutters. They’ll assess the health of each part of the system and identify problem areas that need to be addressed. They’ll make a list of all materials needed for the repair or replacement project, calculate those costs, and then add in projected expenses for labor and equipment. Overhead costs like fuel, a portion of office rental and insurance will also be included. Finally, they’ll compute margins.

The best way to present a bid to potential clients is to give them three price points to choose from: good, better and best.

GOOD – This quote represents the bare minimum cost of the project with no add-ons. This package is for budget-conscious clients who want to get the job done as simply as possible.

BETTER – This package has the same service but perhaps with slightly more upscale materials–for example, insulated vinyl instead of ordinary vinyl siding.

BEST – This package includes top-of-the-line materials and is appropriate for clients who won’t recoil at a hefty price tag. Sweeten the deal with added service like post cleanup and a second inspection.

Here’s a rundown of all the things to look for in a formal bid:

Proof of license and insurance
Termination clause
Start and end dates for the project
Terms of payment
Cost of labor and materials
Sales tax and other fees
Full contact information
Testimonials (optional)
Warranty information

The objective is for you to be able to choose a roofing or siding contractor who will do the work well and stay within your budget. For an easy and free consultation, turn to V. Nanfito Roofing and Siding. Call us at (203) 639-1634 or fill out our contact form to get started.