Roofing Bid Price Comparison Sheet (5/2013) |
COMPANY |
L30 |
L40 |
L50 |
LTL |
PREZ/SHK |
COMMENT |
1 |
$ 26,934 |
$ 27,939 |
$ 30,113 |
$ 31,778 |
$ 31,974 |
Skylites included. No down payment. |
2 |
$ 31,770 |
$ 32,930 |
$ 33,625 |
$ 35,025 |
$ 36,225 |
Add $330 each skylite. 1/3 down payment. |
3 |
$ 42,000 |
$ 44,200 |
$ 46,500 |
$ - |
$ 52,500 |
Deduct $1500 if plywood (not) gapped at rafters. |
4 |
$ 29,671 |
$ 32,521 |
$ 33,537 |
$ 35,768 |
$ 38,313 |
1/3 down payment. |
5 |
$ - |
$ 34,966 |
$ 36,200 |
$ 37,700 |
$ 39,200 |
1/3 down payment. |
DIFFERENCE:
High - Low |
$ 15,066 |
$ 16,261 |
$ 16,387 |
$ 5,922 |
$ 20,526 |
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SHINGLES: |
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L30: |
30yr CertainTeed 'Landmark' AR laminated shingles |
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L40: |
40yr CertainTeed 'Pro' shingles |
High bid |
L50: |
50yr CertainTeed 'Premium' shingles |
Low bid |
LTL: |
CertainTeed lifetime 'Landmark' TL (triple layer) shingles |
Difference |
PREZ/SHK: |
CertainTeed lifetime 'Presidential' Shake shingles |
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The Price Comparison Sheet above is for a residential roofing project that Oregon Roof Consulting is managing (see "Residential roofing job management start to finish"). All bids came from top companies and all were presented with the same installation specifications and shingles to bid.
There is quite a contrast among the bids. We typically recommend tossing out the low bid, but in this case a very qualified vendor placed the low bid.
This roof installation project will be monitored and managed by Oregon Roof Consulting (ORC) to make certain it is done correctly. ORC has saved the homeowner up to $23,000, depending on which vendor, shingles and other options are chosen.
Why the differences in pricing? Some typical reasons include:
- Higher overhead from one company to another.
- Estimating accuracy. (An estimator can make or break a company).
- Some companies want higher profits with each job.
- Some companies are busier than others. If busy, they bid high; if slow, they bid low.
- Some companies feel that getting 80% of the desired price for a job is better than not getting the job at all.
The bottom line: It isn't enough to just take (or toss) the lowest bid. One needs to be smart about it, know the vendors, know the materials, know the proper roofing techniques, and make sure the roofing contractors follow through on the specifications. Contact Oregon Roof Consulting to help you find the best vendor with the best price and follow-through for your roofing job.