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Construction Contract Cost Plus or Fixed Fee District of Columbia  Form

Construction Contract Cost Plus or Fixed Fee District of Columbia Form

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[Music] hi I am Dominique Nelson and I'm Greg Nelson and we are the owners of Nelson construction and Renovations in Clearwater Florida we get a lot of questions from homeowners about how to price their construction project the truth is when it comes to Custom Home Building there is no one siiz fits-all cookie cutter costing system every single project is unique and different which means it involves its own design its own construction practices and its own unique price there are actually many different ways to get bids on your construction project two of the most popular kinds of construction contracts are lump sum and Cost Plus it is important that you understand the difference including the pros and cons of each so that you can make the right financial decision when it comes to requesting financial information on your project let's talk about the lump sum model this is a contract which the homeowner pays a contractor and agreed upon price for a specific result an exam

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