the customer can only afford $10,000, you’ll need to adjust the project to fit within this budget. Here’s how you can approach it:
1. Calculate Budget Breakdown
Total Budget: $10,000
2. Determine Cost for Tyvek HomeWrap
Roll Cost: $1,232.28 per roll
Number of Rolls Affordable: $10,000 / $1,232.28 ≈ 8 rolls (with a total cost of $9,858.24)
3. Coverage with Available Rolls
Coverage per Roll: 1,350 square feet
Coverage with 8 Rolls: 8 rolls × 1,350 square feet = 10,800 square feet
You can cover the entire 5,000 square feet with 8 rolls, which leaves some extra coverage, but it fits within the budget.
4. Adjusting the Labor Costs
With $10,000 allocated for Tyvek HomeWrap, you have the following:
Remaining Budget for Labor and Miscellaneous Costs:
Tyvek Cost: $9,858.24
Remaining for Labor and Miscellaneous: $10,000 - $9,858.24 = $141.76
Unfortunately, $141.76 is very limited for labor and miscellaneous costs. Here’s what you might do:
5. Adjust the Project Scope
Reduce the Amount of Tyvek HomeWrap: If 8 rolls exceed the budget, consider purchasing fewer rolls if possible. For example:
Cost for 6 Rolls: 6 × $1,232.28 = $7,393.68
Coverage with 6 Rolls: 6 × 1,350 = 8,100 square feet
Remaining Budget: $10,000 - $7,393.68 = $2,606.32
Labor: With $2,606.32 remaining, you can allocate more to labor and miscellaneous costs.
6. Practical Recommendations
Negotiate with Suppliers: See if you can get a discount for bulk purchasing or if there's any alternative, more affordable brand.
Adjust Labor Scope: Negotiate with contractors to see if they can work within the remaining budget or consider doing some of the work yourself if feasible.
Consider Partial Installation: If full coverage isn’t immediately possible, prioritize high-impact areas or complete the project in stages as budget allows.
Seek Alternatives: Look for other types of house wraps or materials that might be more budget-friendly.
By adjusting the number of rolls and negotiating costs where possible, you should be able to complete the project within the $10,000 budget.