This comprehensive guide to construction Change Order pricing for the Owner will help to ensure an Owner gets all the information they should know before they open their checkbooks to cover added costs in a construction project. The provisions included in this Guide will generally apply to ALL TYPES of contracts and/or subcontracts. Let’s face…
When building your own home you’re faced with a number of decisions that will impact cost and schedule and every owner hopes to anticipate as many costs as possible — that means including reasonable contingencies. Initially an owner will need to answer a few questions before even starting the design process: Will you purchase a…
When a contractor estimates a new, remodel or renovation project he must determine the construction equipment costs that will become part of the contractor’s overhead expense. Estimating the cost of equipment for a project can be as challenging as calculating his labor costs. It will depend greatly on whether the equipment needed is owned by…
Included in every estimate for any construction or renovation project are overhead costs which are generally added as a percentage to sum of labor, material and equipment. Overhead costs amount to a sizeable portion of the cost of any project and failure by the contractor to adequately project these costs can make the difference between…
Contractor markup is a given when hiring a contractor for your project. You will have a bid or negotiated contract that will include a percentage for the contractor’s overhead and profit. If you have requested a cost breakdown from your contractor you will likely see a percentage for their markup or profit. What you probably…
Overhead Costs – The Difference Between Direct and Indirect
Included in every estimate for any construction or reno...
Your Risk When a Contractor Does Not Pull Permits
Whether performing remodel work or new construction, wh...
Contractor Markup – What are you really paying?
Contractor markup is a given when hiring a contractor f...
Construction Contingency May Be a Point of Contention When Building
A construction contingency, as it relates to a build pr...
Construction Errors have a Claim Statute by State
Construction errors or defects can be simply described...
