Question Title

* 1. Self Contracting rules are a mess There is a built in prejudice in SBA against borrowers doing some of the work or all of it themselves It is not realistic for the borrower to get three bids on everything, when they do an appraisal that already gives values for the project. It is a waste of time for a project to get three bids when the other two will not be used because the borrower is going to do it themselves. Also SBA has now said that the borrower cannot go buy furniture or equipment or purchase any hardware for a project, such as door locks, in a hotel without three bids. This is ridiculous. They are, in effect, saying that all project costs must go through the general contractor who will mark the up by at least 8% resulting in additional cost to the project and borrower.

Do you agree?