Costs of Painting a Facility

When choosing painting services for a commercial facility, the price of the materials, paint and labour are of course taken into account. Looking at the initial cost of painting  in isolation with other factors, would make the choices as simple as an apples to apples comparison between painting contractors.
In that case,  the most cost effective option at the moment  is the best option, right?
By choosing cheap commercial grade paints and the lower priced painters  to apply them, are the initial savings real savings?
Of course ASTM standards can be used for a more scientific evaluation (ASTM E-917) but for the purpose of this article the following are basic factors to consider:

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