powerbelly said:
ftworthag02 said:
What documentation are they wanting from the construction company?
My guess is they want to see how the total added up. They aren't necessarily balking at the price, but rather want to see proof.
I'd bet they're balking at the price. Remediation jobs tend to go 1 of 3 ways:
1. Your property floods and when the remediation company shows up to help they start talking insurance numbers. Some will even tell you they'll overbill the insurance company and refund you your deductible. Yes, it's a nasty business.
2. Being the thoughtful and responsible real estate professional that you are, you've pre-arranged pricing, response times, certificates of insurance, payment terms, etc. all well in advance of any actual need for their services. And then when the time comes you just put your plan in motion. (this happens so seldomly that I really only typed it out for comedic effect).
3. Absolutely zero preplanning has occurred, your building is flooding like crazy, and the essence of the 'negotiating' quickly becomes: "Holy ****, I'm so glad you're here!!! Come right this way. Go ahead and get started and we can nail down the details later. But don't waste a second getting started - Thank you so much for getting here so quickly!..." And at the end you get a huge-*** invoice and can't figure out how to pay for it. (In my experience this kind of stalemate is usually the result of equal measures, poor planning by the property owner/manager, and some price gouging by the vendor. Wordy contracts exist for just this reason...)
edit: I'd wager the School District is self insured, so option 1 is pretty much moot. And there's just about 0% chance it occurred anything like option 2.