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Megan
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In order to apply for a capital grant, you will need one written estimate from a licensed, insured contractor. The contractor you select should verify that they have the ability to manage a Davis-Bacon compliant project including maintaining all appropriate reports and records as this is an important factor in the estimated cost of a project. If you are awarded capital grant funding, you will need three bids before you begin work.

An estimate is a close approximation of the price that will be charged to do a job based on the information that is available at the time of estimate. A bid (or quote) is the actual price a contractor states they will perform the work for based on a well-defined scope of work/plan (this price can be impacted with any changes to the scope or plan).

For some tips and information on selecting a contractor, visit the Selecting Professionals section of the RICCELFF resource library.

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