Commercial construction building materials can be an expensive endeavor, so does that mean you should buy now or later? In bulk or individually?
Many believe that buying in bulk can help general contractors save money and bring down the price of their construction project bid to win the contract. On the surface, that is true. Buying in bulk is cheaper, but what most general contractors fail to take into account is the construction cost projections of certain materials rising or falling throughout the life of the construction project.
So, we ask the question that Hamlet would have asked if he were alive today and in the field of construction: To buy now, or not to buy: that is the question.
Buying construction materials in bulk may help today, but your perspective can change when you check prices the very next day and realize prices have dropped substantially.
A developer or owner that does not bring in a professional commercial construction contractor early on may sabotage their own finances and timeline.
It is the commercial construction contractor’s job to know about the raw materials with which you will construct your business, along with the jurisdictional authorities, inspectors, and code compliances for all cities and states. It is also the job of the commercial construction contractor to know trends of the trade and find the best construction material costs, and alternatives to those costs, without sacrificing the quality of the materials.
Too often we see developers and property owners bring in contractors too late into the process, and then have to come across some unwanted news – things like designs not matching with state and city regulations, or the cost of certain materials not being equivalent to the quote they were given.