Quote:
Originally Posted by Green4Me
"warranty does not cover owner neglect, or mortality due to natural causes", ie deer, ice, 9 months of heavy snow, etc. Warranty cost is loss rate plus, and enough labor to make the trip. Maybe 20% or 30% is not out line. Per year.
Since it is your friend, your response might be best that no warranty is given, but you will handle any replacement work at a agreed upon T & M rate. That will minimize his cost and your risk.
You must not warranty that which you do not control, unless you are compensated for the risk.
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Sorry guys, I think I need to clarify. Here is the situation more in depth.
My friend is the GC who built the home, no monetary favors are involved, just him passing work along to me as he has in the past. He built the home for a gentlemen who is spec'ing on it. This is a multi-million dollar vacation cabin, which more than likely will be vacant until it is purchased (which is a total unknown, especially these days). The warranty is needed due to the wording of the subdivision covenants, so even though I won't be in control (and up at this place, nobody is ever truly in control except mother nature) I have to decide what I need to be compensated for that risk. At this point I have turned a normal quote in allows for a (1) year warranty on the plants as normal. My friend just recently found out about the 2 year spec there, and essentially has asked me to requote the job accordingly. Hope this helps a tad.