Premium Custom Homes | Additions | Remodels in Utah
Building Trust: A Deep Dive into Contracts
Choosing the right contract type sets the foundation for a remarkable client-builder relationship. Explore how Bluerock’s contract type gives you the best possible outcome for your home build.
Contract Types
Have you ever heard a contractor horror story? The cause of most issues can be traced back to the contract method used by the contractor. The most common options are:
Fixed Price: Contractor builds for a guaranteed fixed price
Cost Plus: Contractor builds for the true cost, plus a percentage fee
Cost Plus Fixed Fee: Contractor builds for the true cost, plus a fixed fee
Choosing the right contract type sets the foundation for a remarkable client-builder relationship. Let’s explore how Bluerock’s Cost Plus Fixed Fee format aligns goals, minimizes project challenges, and keeps your project on track.
Comparing Contracts
Fixed Price Contract
— Cost Estimates
Difficult to know what specific products or finishes are included in the estimate.
— Bidding
Difficult to know what specific products or finishes are included in the estimate.
— Defining Scope
Difficult to know what specific products or finishes are included in the estimate.
— Project Timeline
Difficult to know what specific products or finishes are included in the estimate.
Cost Plus Contract
— Cost Estimates
Difficult to know what specific products or finishes are included in the estimate.
Cost Plus Fixed Fee Contract
— Cost Estimates
Difficult to know what specific products or finishes are included in the estimate.
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