My contractor recently approached me stating that his accountant has let him know that he set up my quote wrong, and that he is "working for a loss". We signed a contract to do a job at a certain price, and now he is invoicing me on top of the aggreed upon price. The work he's claiming he didn't charge for has been completed, but he is now saying he can't finish the rest of the job until an agreement is made to settle extra invoice. I feel like if i tell him I can't pay him, he'll stop working.
The Contractor must eat the cost if it is not enough to complete the contract. What ever work was detailed in the original Estimate that you agreed to and Especially if a $ deposit $ was paid prior to the work beginning. Once money is exchanged, you and the contractor are now in a legal agreement/contract. However if there are items, special materials, and or structures not mentioned in the Original Estimate they can be charged as extras if you agreed to them at the time. If you know where you stand and you feel you must pay him maybe you can pay him over a extended period of time if he's in agreement. If he did a lot of extras that you did not agree to but now expects you to pay. This is not right and you must not pay for what you did not agree to.
You know where you stand .....Good Luck!!
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