Frequently Asked Questions

A cost-plus builder operates within a cost-plus contract framework, where expenses are meticulously tracked and reimbursed. Here's a breakdown:

• Cost-Plus Contract: This arrangement reimburses the builder for all incurred expenses, including direct costs (like materials and labor) and indirect overhead costs, supported by proper documentation.
• How It Works: As the construction progresses, the builder procures materials and services, passing on the costs to the project owners. An agreed-upon margin covers overhead, administration, and profits, with hourly rates for contractors typically established upfront.
• Cost-Plus-a-Percentage, where the client pays for direct costs plus a percentage for overhead and profit. Contact us for more information