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Construction Contract Cost Plus or Fixed Fee Montana Form

Construction Contract Cost Plus or Fixed Fee Montana Form

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hi my name's Daniel Simone and today I'm here to talk to you about the difference between cost plus and fixed price contracting the main difference between cost plus a fixed price is the budget cost plus contract have no set spending limits and the Builder will purchase the materials and the labor and will be reimbursed plus a fee fixed price set specific dollar amount for the project so what's best for you let's see if you're on a budget and need to know everything up front on what you are getting for what price then fixed price contract would be the way to go when using fixed price this will help the job move a lot quicker as everything would have been picked before construction even starts now we've cost plus on the other hands and you may be able to get a guaranteed maximum cost but as this type of contract is generally used for a custom home it will come down to what you the owner decide to have in your home where the price can get a

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