I hired a contractor to do a fire damaged duplex unit. He told me in the beginning that there would be no money out of pocket. I do not have full replacement cost coverage on my insurance. We agreed for the contract price, plus the supplement checks that come in. Now he is telling me that I owe for the deprecation as well. This was not our agreement. Do I have to pay this? No, it was not written in the contract. I want to also know if the 20% overhead & profit is built into this. He also has not completed this job and it has been going on for 8 months on a small duplex unit. Can I finish it myself and deduct this from the contract amount?
2006-07-22
02:36:44
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3 answers
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asked by
J.J.
1
in
Business & Finance
➔ Small Business