Estimates

Schroeder Rotary Drilling and Pump Company is proud to provide the highest quality products and service to our customers. To serve your needs most effectively and to ensure that your well and water system are exactly what you require, we provide custom estimates rather than providing prices using a preset fee. This is due to numerous considerations such as the many unknown variables that can arise during the process of giving you access to fresh groundwater such as the depth needed to reach water, the distance from the electric meter and other structures to the well location, and types of geological formations encountered during drilling, to name just a few. This approach benefits you because you only pay for the products and the labor actually required for your unique water well system. Using the estimation method also allows you to choose the pump brand, horse power, etc. that you prefer to have us install, along with the opportunity to add any special needs such as to run wiring that will serve to supply electricity to a future heat source inside your soon-to-be-constructed well house, for example.

The selection of the pump will also affect the duration of your warranty, which can be up to 5 years for parts and labor. Estimate totals vary depending on the duration of warranty selected. We strongly urge our customers to choose the American made pumps with the highest warranty rather than selecting the less expensive and lower warranty pumps.

We will always recommend the products that best fit your needs, whether it be for a domestic well, a water system, or for a commercial concern. In addition, our years of experience of drilling in this region of Missouri enables us to make good estimates that are based precisely on current material costs along with factors related to your specific location, such as its elevation, the depths of neighboring wells, and known geological formations in your area. However, you must keep in mind that each well that is drilled is a unique project, and as such, though rare, occasionally there may factors that increase the actual cost of the project such as the need to drill deeper than anticipated, for example, or perhaps because the formations actually encountered during drilling may be angled in such a way that slabs will slip sideways into the bore hole causing increased expense. We make every effort to inform you of all possible liely scenarios beforehand or as they occur, whichever is applicable, and are always happy to answer any questions and address any concerns before, during, and after the drilling process and water system installation. We believe firmly in being honest and upfront with you and we value the importance of providing clear communication and accurate information to our customers.

Regarding our estimation process, please read what one pleased customer had to say... "Tom, we are in the business of developing databases and application software for other businesses. In our particular industry, the estimates we make are much more difficult to get as close to the actual final cost as yours was, particularly due to the way customers typically want to add/change requirements and functionality to their software development projects after the projects are already underway.

Based on our own experience in making estimates, we were VERY impressed with how accurate your estimation process was! Our estimate from you was only SEVEN DOLLARS off from the actual cost! We were amazed and quite pleased! Thank you for providing us with so much information about the entire drilling process so that we could understand all of the work and materials described on your estimate form. We also wanted to let you know how much we truly appreciated your ability to so closely estimate the costs associated with our well drilling project. Very professional! We highly recommend your company to anyone else in your service area who needs the type of services your company provides." JMM and KAM

Tom can also give you multiple estimate amounts in order to illustrate all of your options to you before you make your final decision. These various estimate amounts could include an estimate of the cost of a water system with different warranty options as well as showing the difference in cost between the pump horsepowers you could choose from. As another example, he can give you an estimate that includes the cost of installing casing all the way to the bottom of the well versus the cost of installing the casing for a only certain number of feet. Regardless of what your final choices are, he will explain the advantages and disadvantages of the options available to you before you decide.

(To see what the bill after the job is completed will contain and to compare it to the estimate form, you can view a scanned image of a blank billing statement form.)

An HTML version of our Estimate form is shown below to provide you with a clear picture of the types of materials that will be needed for your well / water system project to be completed. Tom Schroeder will visit your site and talk with you in person to answer any questions and to determine an approximate location for your well. At that time, he will also provide you with a written estimate, using the Estimate form illustrated below:

(The back of the Estimate form is shown below)

This agreement entered into on this day __________________, by and between ______________________, customer, and Tom Schroeder Rotary Drilling and Pump Company, contractor, agree to the following terms:

• Contractor shall perform the described work in accordance with the estimation of, well usage by the customer, well depth, standing water level, and formation used by contractor in preparing his estimate.
• Customer agrees to pay contractor for the work described and performed, the total price of $__________. Payment of this amount is subject to increase to correspond to any changes in well depth, standing water level, formations encountered, and/or change in desired usage by customer, unknown to contractor at the time the estimate was provided to the customer. If additional work or material are required, customer agrees to pay contractor's unit price for all additional materials/labor required.
  
  Payment shall be made unto contractor on the date said work is completed. If payment in full is not made within thirty (30) days, contractor shall be entitled to include interest on said outstanding balance at a rate of 1 1/2% per month (18% per annum), until such amount is paid in full.
• Contractor shall provide and pay for all labor, materials, equipment, including tools and equipment necessary for the proper completion of the work on the project.
• Contractor represents and warrants to customer that all equipment and materials used in the work and made a part of the structures of such work, or placed permanently in connection with such work, will be new unless otherwise specified in the contract documents, of good quality, free of defects and conformity the contract document.
• Contractor may employ sub-contractors to perform any of the above described work as the contractor may deem necessary to complete said work.
• In the event that contractor must file or pursue any legal action in relation to this agreement, the customer shall be responsible for any and all legal fees including court costs incurred by the contractor.

THIS AGREEMENT shall be binding upon the customer, as well as the respective heirs, personal representatives, successors, and assignees of the work.

___________________________
Customer Signature

NOTICE TO OWNER

Failure of this contractor to pay those persons supplying material or services to complete this contract can result in the filing of a mechanic's lien on the property which is the subject of this contract pursuant to chapter 429, RSMO. To avoid this result you may ask this contractor for "Lien Waivers" from all persons supplying material or services for the work described in this contract. Failure to secure lien waivers may result in your paying for labor and material twice.