The HOA brought this proposal a few years ago when Toll was maintaining our grounds. Toll quoted a price that was half of the current quote. Our HOA fees and club dues did not double during this period but the new proposal did. Why did the HOA not do its due diligence and negotiated a price that was in favor of the residents and not in favor of the vendor? Why did the HOA not ask other vendors for the quote? Residents trust that the Board will spend our money with care and get us better return on investment. This seriously questions the lack of analysis and negotiation on the HOA’s part. Better negotiations can save us money and help homehowners to get better ROI on their HOA fees. Also, there are other vendors who are doing the same work at a cheaper price than that of the yearly assessment.
Can we ensure that our money does not fly away?