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What Determines The Price Of An Asphalt Project?

Knowing how contractors calculate and determine the price of an asphalt project will allow you to know what to expect when planning an asphalt project. There is more to the completion of a successful asphalt project than what most consumers may realize. The asphalt is a very detail-oriented project that consists of materials, equipment, employees, and much more. To find out what determines the price of an asphalt project, take a look into how contractors calculate and determine the costs.

  1. The first thing that will determine the price of an asphalt project is the price of crude oil and other petroleum based products. These products are needed to perform an asphalt project. When the price of crude oil drastically increases, the price of the asphalt project will also be higher.
  2. The total square footage of the driveway will determine the cost. A smaller driveway will cost less than a larger driveway. If the driveway or area where the asphalt will be installed needs to be prepped for the asphalt, this process will also be considered. The area has to have an excellent draining system before the asphalt is laid so the asphalt will hold up. If the area needs to have an excavation done, then this will also add to the cost of the asphalt.
  3. The equipment will be considered in the price, including how many trucks and heavy equipment is needed to install the asphalt.
  4. How many employees will be needed for the asphalt project? The contractor will determine how many employees they will need to do the project.
  5. The materials such as rock, sand, and asphalt cement will be calculated for the project.

This is just a small glimpse on how a contractor will determine the cost of an asphalt project. There are so many factors that have to be considered. Any contractor that quotes a bid of $2 a square foot can’t be an honest contractor. There is no way a contractor estimate your project without seeing and inspecting the area where the asphalt will be installed, so always be on alert if this happens to you.

To know the exact price of an asphalt project, have a professional contractor come to your home. Let the contractor go over the area, then calculate what the price will be. Make sure the contractor give you a written bid for the asphalt project, but don’t stop there! Call a different contractor to get a separate bid to compare the first bid to. If there isn’t much difference in the price, then you most likely have two professional contractors that are more than capable of doing your asphalt project. The hard decision is selecting the best contractor.

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