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Originally Posted by bruceveld Is 10,000 just a rule of thumb for general construction? I am kind of hoping to have one of my Thai staff be the General Contractor of sorts, hiring each part of the project. |
Mate it really depends on what happens with the economy in the future and in particular the cost of oil.
Prices are down at the moment but I really don't know for how long.
Generally you should allow about 2,500 baht for labour and 7,500.00 for the other materials.
Just a word of warning I got stung pretty bad and because of the inflation costs of building materials and your rule of thumb should remain about 10 grand a square metre. If things improve then it will be too your advantage, not your loss.
I don't know how good your nominated staff is but make sure you check the quotes and pay the accounts straight from your own pocket. Get at least 3 quotes for each job and you should do just fine.
They, the Thais do have a habit of loading each part of the job and to their financial advantage (with all due respects to your man).
I would also get all your building permission drawings and documents in order and then hand those drawings out too 3 or 4 building contractors and so as to compile prices based on a turn-key scenerio.
These builders should be able to source the materials at the best prices and as there isn't a lot of work around at the moment they will be dropping their pants to pick up your order.
Good luck mate.
14-12-2008, 10:35 PM
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