A construction contingency, as it relates to a build project, is a percentage of a contract value set aside for unpredictable changes in the scope of the work. Whether a construction contingency is added by a contractor to his estimate or is added as a percentage by an owner to his budget, both use it…
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...
