There are plenty of things that can influence the cost and outcome of an asphalt paving project. Grabbing the cheapest contractor is not always the best option when selecting an asphalt paving firm. Below are pointers that can help you make an informed decision:
As with car insurance, contractors often purchase the minimum coverage that state law requires. When accidents come about on YOUR property, you have to be protected the best way possible. To make this possible, your contractor must have General and Auto Liability, and Workers Compensation insurance, plus an Umbrella policy, with a minimum worth of $500,000 for every policy. For your complete protection, the contractor should be covered by General Liability and Auto Liability insurance, and Workers Compensation insurance, with an Umbrella policy, with a minimum per-policy worth of $500,000. To ensure your full protection, your prospective contractor needs Workers’ Compensation insurance, General Liability and Auto insurance, plus Umbrella coverage, at a minimum of $500,000 for each policy.
Most asphalt is recycled repeatedly. There are different grades of asphalt with varying percentages of recycled material content. Using low quality asphalt during installation can impact the look and strength of your asphalt pavement. Higher grade asphalt with a minimum of recycled material is always the smarter option.
You have to know the asphalt paving equipment your prospective contractor uses. Is it in good condition? Machines that break down from time to time can delay your asphalt paving project’s completion If machines are breaking down every now and then, the completion of your asphalt paving project will surely be delayed. Also, keep in mind that asphalt can cool fast. If you wait too long to install the asphalt, the look of you pavement upon completion can be affected. In any asphalt project, the availability of properly maintained equipment is important.
In any case, avoid hiring a company that performs asphalt paving with their hands. Asphalt paving machines often cost above $100,000, a price necessary for the technology and efficiency they are known for.
Does the contractor have enough manpower? A usual asphalt paving crew is made up of 5-8 workers, depending on how big the job is. Lack of manpower won’t only make the overall outcome suffer, but it can also cause substantial delays in the project ‘s completion.
Unless the worth of your asphalt paving project is above $10,000, you should not pay a down payment to the contractor. Most trusted asphalt paving firms have lines of credit with a lot of suppliers. They should not ask for deposits from clients. Deposits run the risk of fund misappropriation by the contractor. It’s sad, but a few contractors that will use deposits to wrap up with other unfinished asphalt projects.
In this industry, as in most others, you get what you pay for. Your asphalt paving project definitely a long-term investment. Asphalt paving can live over 20 years when installed properly. Trying to save a few hundred dollars for short-term benefit may cost you thousands later on. Ensure you do your research, asking questions so you can make an informed decision as you select e an asphalt paving company.