How to Document Contractors' Cost Estimates

How to Document Contractors' Cost Estimates



Getting cost estimates before you hire contractors to do work at your site is not only a smart business practice, but it's also a HUD requirement. If you don't get those required estimates, you could run afoul of HUD or your contract administrator. And you put the site owner at risk of having to pay back any costs HUD or your contract administrator find to be excessive.

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