Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look further ...

A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...

This is the second part of a two-part article dealing with the most common provisions in construction contracts and the important aspects of each provision. As a reminder, the purpose of a ...

In these types of contracts construction is paid upfront, often with a loan, and then the payments are made overtime with savings that the upgrades create. The contractor overseeing the construction ...

Those utilizing modular construction techniques occupy a unique position that doesn’t fit neatly within traditional building industry models. Without first adequately communicating responsibilities on ...

On a major building project or any project that starts work before all the design is completed and the trades are purchased, the best project delivery system is the cost-plus-a-fee contract, also ...