Well you got out cheap. Places around here usually charge between .50 - $1.00 per inch foot. So a 4" slab cut would be between $2.00 and $4.00 a lineal foot.
A $1.00 per lineal foot is cheap and I mean cheap. If that is true, your getting a killer deal. I don't know how that company will make any money. 700 LF is a lot of cutting. I would like to hear how this one finishes out.
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