When you’re planning a major construction project, it’s natural to want the best possible price. You might be tempted to gather as many bids as possible and simply sign with the contractor who offers the lowest number. On paper, it looks like a win for your budget. 

In reality, picking the lowest bid is often the fastest way to find a bad contractor. In the construction industry, price is a direct reflection of the resources, expertise, and safety standards being applied to your project. At Faros Construction, we believe in transparency over “low-balling.” 

Here is why a price-driven approach can end up costing you more in the long run. 

1. The “Bait and Switch” Tactic 

A common practice among low-bid contractors is to provide an unrealistically low estimate just to get your commitment. Once the contract is signed and the work begins, the “switch” happens. They may suddenly find “unforeseen issues” or claim the original scope didn’t include basic necessities, leading to a barrage of expensive change orders. By the time the project is finished, you’ve often paid more than the honest, comprehensive bids you originally rejected.

2. Cutting Corners on Quality
To maintain a profit margin on a rock-bottom bid, a contractor has to save money somewhere. This typically happens in two areas: 

• Materials: Using sub-par, builder-grade materials that won’t stand the test of time. This leads to premature repairs and a lower overall value for your property.
• Labor: Hiring unskilled or inexperienced crews who lack the specialized knowledge to do the job correctly. Poor craftsmanship can lead to structural issues, leaks, and aesthetic flaws that are difficult and expensive to fix later.

3. Compromised Safety and Liability
Safety should never be a line item you trim to save a few dollars. Low-bid contractors often reduce their overhead by skipping essential protections. 

• Lack of Proper Insurance: To keep costs down, some contractors carry inadequate general liability or workers’ compensation insurance. If an accident occurs on your property, you—as the property owner—could be held legally and financially responsible.
• Ignoring Codes and Permits: A “cheap” contractor might try to bypass the permitting process or ignore local building codes to speed up work. This not only puts your safety at risk but can create massive legal hurdles when you try to sell your property later.

The Faros Construction Difference

At Faros Construction, we don’t play the “low-ball” game. We understand that your project is an investment in your future, and we treat it as such. We prefer to put our best foot forward from day one, providing bids that offer competitive pricing while maintaining the high level of quality and service our customers deserve. 

When we provide a bid, it is a comprehensive reflection of what it actually takes to do the job right the first time. Our pricing accounts for: 

• Honesty: No hidden fees or intentional under-quoting.
• High-Quality Materials: We source products that are durable and aesthetically superior.
• Skilled Professionals: We employ craftsmen who take pride in their work. 

The Bottom Line 

In construction, you truly get what you pay for. Choosing a partner like Faros Construction means choosing peace of mind, knowing that the price we give you is rooted in integrity and a commitment to your long-term satisfaction. 

Ready to start your project with a team you can trust? Contact Faros Construction today for a consultation and a bid that reflects the true value of your vision.