TommyXXX
2019-05-29 18:28:44
- #1
Good day,
my wife and I want to build soon. We already have the plot of land. What we are missing is a construction company. We are looking for a general contractor (GU), whether solid construction or prefabricated houses is not so important to us. We have already conducted some negotiations, but unfortunately, these always fail because of the contracts. Now we still have 2 companies in the final selection. One company from Cologne, which is not a GU but a construction cost optimizer (Argus Direktbau) and ID Massivhaus from Hamminkeln. We liked ID's pricing, but unfortunately, there are no reviews available. An acquaintance said that we should keep our hands off both contracts because one cannot speak of a fixed price guarantee here, which would be important to us.
Now my questions:
How can you find out if a company is reputable when there is no information about it on the internet?
Is there a way to check a company's creditworthiness or whether it has ever been insolvent and is now operating under a different name?
Should every contract be reviewed by a construction lawyer? In our case, we would quickly lose a lot of money, and you don’t always know immediately if a lawyer is good.
ID Massivhaus, for example, has no construction and performance specification, only a two-page contract. So far, we have only experienced that there were lengthy performance specifications for every contract. Without a construction performance specification, you cannot say what will be installed, can you see that differently?
The contract is also according to the Building Code, but how is it if ID, for example, does not deliver? Can you cancel any contract and then not have to pay anything after a certain time, or does this have to be explicitly stipulated in the contract? What if no contractual penalties are mentioned—who is liable if the construction is delayed?
And the last question: if you commission a construction cost optimizer, who is similar to an architect, and order each trade separately, who is liable if something goes wrong? Normally, a GU has to give a 30-year warranty on the construction and you only have one contact person. But how is it the other way around? Is the warranty given by each trade? But then, why does the construction cost optimizer provide a fixed price guarantee and a lengthy construction performance specification? Is something like this even reputable or realistic, precisely because every trade is commissioned separately?
Thank you for the answers.
my wife and I want to build soon. We already have the plot of land. What we are missing is a construction company. We are looking for a general contractor (GU), whether solid construction or prefabricated houses is not so important to us. We have already conducted some negotiations, but unfortunately, these always fail because of the contracts. Now we still have 2 companies in the final selection. One company from Cologne, which is not a GU but a construction cost optimizer (Argus Direktbau) and ID Massivhaus from Hamminkeln. We liked ID's pricing, but unfortunately, there are no reviews available. An acquaintance said that we should keep our hands off both contracts because one cannot speak of a fixed price guarantee here, which would be important to us.
Now my questions:
How can you find out if a company is reputable when there is no information about it on the internet?
Is there a way to check a company's creditworthiness or whether it has ever been insolvent and is now operating under a different name?
Should every contract be reviewed by a construction lawyer? In our case, we would quickly lose a lot of money, and you don’t always know immediately if a lawyer is good.
ID Massivhaus, for example, has no construction and performance specification, only a two-page contract. So far, we have only experienced that there were lengthy performance specifications for every contract. Without a construction performance specification, you cannot say what will be installed, can you see that differently?
The contract is also according to the Building Code, but how is it if ID, for example, does not deliver? Can you cancel any contract and then not have to pay anything after a certain time, or does this have to be explicitly stipulated in the contract? What if no contractual penalties are mentioned—who is liable if the construction is delayed?
And the last question: if you commission a construction cost optimizer, who is similar to an architect, and order each trade separately, who is liable if something goes wrong? Normally, a GU has to give a 30-year warranty on the construction and you only have one contact person. But how is it the other way around? Is the warranty given by each trade? But then, why does the construction cost optimizer provide a fixed price guarantee and a lengthy construction performance specification? Is something like this even reputable or realistic, precisely because every trade is commissioned separately?
Thank you for the answers.