Several factors can impact the results and costs of asphalt paving. Getting the lowest bid is not always the best way to go when hiring an asphalt paving company. The following are tips to help you decide wisely:
Just like automobile insurance, contractors usually pick the minimum coverage required by the law. When accidents come about on YOUR property, you have to be protected the best way possible. To make this possible, your contractor must have General and Auto Liability, and Workers Compensation insurance, plus an Umbrella policy, with a minimum worth of $500,000 for every policy. For your complete protection, the contractor should be covered by General Liability and Auto Liability insurance, and Workers Compensation insurance, with an Umbrella policy, with a minimum per-policy worth of $500,000. To ensure your full protection, your prospective contractor needs Workers’ Compensation insurance, General Liability and Auto insurance, plus Umbrella coverage, at a minimum of $500,000 for each policy.
Most asphalt is recycled repeatedly. There are a lot of grades of asphalt, each containing a different amount of recycled material. Low quality asphalt compromises your asphalt pavement’s appearance and longevity. Higher grade asphalt containing a minimal amount of recycled material is always the wiser option.
You have to know the asphalt paving equipment your prospective contractor uses. Is it great condition? Machines that break down from time to time can delay your asphalt paving project’s completion If machines are breaking down every now and then, the completion of your asphalt paving project will surely be delayed. Also, keep in mind that asphalt can cool fast. Taking a while to install the asphalt can make your pavement look less pleasing upon completion. Well-maintained equipment is crucial to any asphalt paving project.
In any case, avoid hiring a company that performs asphalt paving with their hands. Asphalt paving machines often cost above $100,000, a price necessary for the technology and efficiency they are known for.
Is the contractor adequately staffed? A regular asphalt paving crew has about 5-8 workers, depending on the size of the project. Lack of manpower won’t only make the overall outcome suffer, but it can also cause substantial delays in the project ‘s completion.
Unless the worth of your asphalt paving project is above $10,000, you should not pay a down payment to the contractor. Most good asphalt paving companies maintain lines of credit with various material suppliers. They should not ask for deposits from clients. Deposits run the risk of fund misappropriation by the contractor. Sadly, some contractors use deposits to complete other asphalt projects.
Like they always say, you get what you pay for. You should think of your asphalt paving project as a long term investment. When properly installed, asphalt paving can last for more than two decades. Trying to save a few hundred dollars for short-term benefit may cost you thousands later on. Ensure you do your research, asking questions so you can make an informed decision as you select e an asphalt paving company.