Your business is growing and you need to find a new space to accommodate your company’s needs. While it is important to find a larger space in your budget, you also need to keep in mind that leaving an office and ending a rental contract can be costly. In order to avoid payouts at the end of your lease, you need to hire a reinstatement contractor to oversee a timely and hassle-free handover.
Will They Conduct a Free Survey?
When you’re in the early phases of your search and still shopping around for reinstatement contractors to hire, the first thing you should look for is one that will complete a free survey. Before you can receive a quote, however, a project manager will need to meet you on site to evaluate the work that needs to be done and the time it will take.. If you can find several different reinstatement contractors who offer free surveys, then it’s in your best interest to contact all of them and ask for a free survey.
Once the surveys have been carried out and you’ve received the quotes, it’s time to negotiate. It is completely acceptable to negotiate with your potential contractors to try to receive a better price.
What are the Cost Drivers?
Cost drivers are what raise the cost of a particular activity. In the case of hiring reinstatement contractors, middlemen are the primary cost drivers. Before signing any paperwork, make sure that you ask if there are any middlemen that the company will subcontract to complete certain tasks. If so, this will give them a reason to charge a higher price.
If possible, you should go for a reinstatement contractor that has no middlemen. The best contractors can do everything “in house” and as a result, don’t incur any extra or hidden fees.
What Needs to be Done?
The scope of the work that will take place needs to be discussed prior to signing any contract. For example, will your reinstatement contractor be removing and relocating office furniture and cubicles? Or will they be carrying out structural work such as demolishing partitions, removing power points and restoring the original electrical system? The extent of the repairs and restorations must be carried out exactly as specified in your rental contract.
When is the Deadline?
Not handing over the keys to a showroom, retail space or industrial property on time will result in fees and penalties. Any reputable reinstatement contractor will ensure that your property is in more than satisfactory condition prior to the end of your lease.
Above all, don’t hesitate to ask your potential reinstatement contractor about his previous projects. It’s necessary to verify that they not only have the experience but also the manpower to get your rental property in excellent shape before ending your lease and moving your company to a larger workspace.