New year means new budgets and time to start planning new flooring projects in Ontario’s Industrial & Commercial sectors!
With the New Year approaching fast, it’s time to start planning and costing your Industrial & Commercial Flooring project now!
Seven timely tips for protecting the cost of your next Industrial or Commercial project!
Things are changing very rapidly in the supply chain for Petroleum based products including resin used to produce flooring and coatings.
Both the Industrial and Commercial sectors have been experiencing never before experienced price increases and shortages.
Planning ahead for projects is even more important than ever.
Because of delays in construction, some flooring contractors are requesting additional charges to cover the new raw material cost or even walking away from projects that are now at loss projects.
The cost of fuel is not just affecting raw materials but also the transportation cost of getting resin to manufacturers and the cost of getting the material and crew to your job site.
Manufacturers have implemented transport levies on each shipment, which will also be passed along to the end user. You need to ensure you are dealing with a flooring contractor that is large enough to warehouse your project materials to protect your capital investment from additional charges.
Sentinel Polymers Canada carries a very large inventory (over half a million dollars) for our customers, and we have begun warehousing up to six months in advance of project dates to try and shield customers from more surprises. There is, of course, a cost to this but much less than not having the required colors or materials for your install date. Many general contractors have already experienced delays in steel and roofing, overhead doors the list goes on …
Here are a couple of final timely tips to help you improve costing of your projects:
Final bonus tip, being sure you hire a well-trained and seasoned crew will mean your installation will go smoothly.
Look for the Better Work Logo to know you have an efficient and professional crew
For more information on our Better Work program, please access the link below.