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Yasmin B.

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Q: A builder has given us the options of a fixed price contract for our renovations or cost plus and we would like to get some advice on the cost plus option. Do people normally choose cost plus and how realistically can we monitor all the costs and hours worked? Is there anything else we need to take into consideration?
A: Thanks, Ken and Michael for the advice. Our thinking is very much the same so we appreciate you reinforcing our concerns. Thanks again.

Regards

Yasmin
question
Q: A builder has given us the options of a fixed price contract for our renovations or cost plus and we would like to get some advice on the cost plus option. Do people normally choose cost plus and how realistically can we monitor all the costs and hours worked? Is there anything else we need to take into consideration?