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Reassurance about cost-plus contracts

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Stephen Lentz

General Contractor

A Cost-Plus Contract is most appropriate in situations where the owner wishes to move ahead quickly and/or where it is difficult to accurately identify what the work will entail. The concern about a Cost-Plus Contract is not knowing what the end cost will be. We work to reduce this risk by getting fixed price quotes as we move ahead, i.e. as soon as elements of the the work become identifiable and quantifiable. We find that working closely with you, even meeting each trade, builds trust, certainty and commitment all round.

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