Cost Plus

        

 

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The "cost plus" method of contracting allows the owner to view all material lists and costs associated with his project.  The owner and contractor agree to a predetermined percentage the contractor will charge on all material, and a predetermined labor rate for all skilled and apprentice laborers on the project.

Benefits:

1)  Owner can check at any time, to see what the project has cost at any stage of construction.

2) No change orders.

3) Saves time in bidding and specification process.

The "cost plus" method is ideal for fast tracking projects where the scope of the work is not known, or many changes are expected.


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Send mail to Randall @walterselectric.net with questions or comments about this web site.
Last modified: 06/17/09