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Construction Pricing

Farah Homes Construction Pricing is comprised of the following components. 

1. Construction Labor Pay, and taxes. 
2. Labor Insurance / benefits as mandated by federal and local laws. 
3. Workman's Compensation as mandated by local law. 
4. Company General liability Insurance as mandated by California State Licensing Board. 
5. Company Operational expense, such support staff and their salaries, and general office expenditures. 
6. Construction Warranties to our customers. 
7. Construction Design/Interior Design -the key to making desirable properties.  

Farah Homes construction pricing to our customer is competitive, and is cheaper then most builders. 
Farah Homes pricing is not the cheapest, and cannot be if it were to offer our clients legal business practices, and quality product made by professionals.

Farah Homes construction is a full service company. Which includes Interior Design, architectural services, structural engineering services, product selection, product purchase, delivery, project pricing, scheduling and complete project management.  Our services may include any city permits, engineering permits, inspections, product quality, warranty and many more services. Farah Homes cannot compete with Handyman pricing. 

Farah Homes pricing reflects continued years of service to our customers and community. 

There are Cheaper Contractors
Farah Homes understands that there are companies that are offering cheaper products, and services. 
But these companies in many instances are not following the laws in regards the type of workers they hire, 
the insurance they carry, the benefits they provide to their workers even the knowledge they possess. 

The results of these practices are the following. 

1. Contractor delivers a cheap quality product and disappoints customer and property looks shabby. 
2. Workers do not show up to work delaying schedule. 
3. Contractors abandon project when they run out of money. 
4. Contractors do not manage the workers, while they are chasing other business and the workers make 
mistakes costing the home owner money and legal problems. 
5. Contractors may not have insurance and do not pay bills. This is a real risk where someone were to  get hurt on the project the project owner, customer may be held liable to pay for the employees lost wages. 
6. Contractor goes bankrupt, therefore not able to provide warranty on your project and now there is no one to be held accountable. 
7. Low cost Contractors may hire illegal workers, who may be at your property working for you mingling with your family.  
8. Low cost contractors and Handymen may have history of complaints which can be verified by visiting CSLB web site. 
9. Many of these types of workers have shoddy work record and or criminal complaints. 
10. When contractors lack in knowledge  - there are consequences. For example "Lack of knowledge on Asbestos or Lead" have serious health impact for everyone involved. 
11. Also most cheap contractors do not have home designers on board. Again this is a real key to beautiful properties. 
A home owner is left to wonder on his own on trying to create a property, which often results in conflicting colors, and confusing patterns, and lack of creativity reflected in the new home. Understand contractors are not designers. 

There are many more problems we can list. But you get the point.  Here are some examples of cheap contractors or "handyman special" projects. 






Trim installed incorrectly in the above picture. 

This is such a simple issue to fix, but low cost contractors offer many reasons to not fix it. The cheap price is one of the big reasons. 














In this picture contractor used 2 different trims for the door. 
Also, instead of using one whole trim at the top they used short pieces making the job look really unprofessional. 

Getting the job done quickly matters to low cost contractors. 

Taking the necessary time to do the job right involves time and expense which they don't have.   













Above are simple examples. Some extreme cases are: 
1) A home owner in Mission area, to save money, did his own un-permitted electrical work on his expensive home. His work was faulty, and it caught fire. The home lost his 2 story roof, and his entire home home had smoke and water damage, including major damage to 2nd story. The cost to repair this home was in $250,000 range.  The insurance did not cover for this. 

2) A contractor without operating with workman's compensation was building a luxury home in south bay, and during some earth excavation work, they did not shore up the work site. Eventually the earthen wall collapsed on a worker, which resulted in the death of the worker. The contractor skipped town, and the owner was left dealing with the fall out of the issue. 

In construction accidents are inevitable. Construction trade carries the highest 
accidents of any business. Having the right company do your construction projects 
minimizes risks, and insures a successful construction project. 


Tip when hiring a low cost contractor. 
When they give you a price which is too good to be true, judge for you self. How long can this work take? How many people are working on it? How much does this come out to be in labor per hour?  Does this meet state laws for minimum wage? 

If the money given to the contractor does not allow for him to make a reasonable living in the San Francisco Bay area, can't put food on the table, don't have money to buy gas to come to work, or pay cell phone bills, chances are the project you have hired to finish is going to fail. 

You have just purchased a very expensive home, but trusting your expensive 
home to a low cast contractor or handyman for renovations is a risky proposition, 
time and effort waste, and potential money loss. 

The Law of "Triple Constraint"
 A construction project like any other project is bound by the laws of "Triple constraint". Which is that "Scope of project, Time/Schedule, and Resources", play a role to bring project to completion. 

These interconnected concepts  are where project owners need to focus their attention to ensure effective project management. The key is to recognize that the more focus you put on one aspect of the triple constraint, the more you take away from the other two.

Scope
The Scope aspect of the triple constraint refers to the quantity  of work your contractor does. Quality control and careful attention to detail can lead to high-quality results, but only if the project is properly staffed and the deadline is reasonable. In other words, the quality and quantity of your team’s work is to a significant degree dependent on the other elements of the triple constraint, namely, time and resource. 

Time
Time, of course, refers to how fast your team gets the project done. Too slow, and it will miss the deadlines. Too fast, and quality will suffer. Your goal should be to go as quickly as possible without compromising the other elements of the triple constraint. Note that increasing the resources -- for example, assigning more employees to the project or paying extra money for overtime -- can increase how fast the project gets done.

Resources
The resources aspect of the triple constraint refers to all the money, people and materials you must devote to completing the project. Buying high-quality materials and equipment, for example, will result in greater project quality and quantity. On the other hand, focusing on cost-cutting can hurt your chances of meeting your deadline and producing a high-quality result. For example, if you save money by buying cheap materials and equipment, your team might not be able to perform at its highest level or produce high-quality work.
 
Farah Homes Mission is to provide a high quality product to the satisfaction of our customers. Farah Homes strives to do just that by adequately funding the project before start, determining precisely the scope of the project, assigning the required resources, and adhering to triple constraint principals to insure project success. 

Farah Homes aims to please its customers, by delivering a high quality 
product, on time, and within budget 100 percent of the time. 

For more information on Farah Homes pricing send email to info@farahhomes.com





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