Home Renovation
Nailing Down Costs to Deliver a Fixed Price Contract
In the meetings to follow we will focus on the products
that go into your project. We have a number of suppliers
that we can visit, or if time is an issue, a library
of product catalogues to choose from. Here is where
we want to be creative and fully explore all available
options.
In these meetings we are also revising the cost estimates
and eliminating any of the allowances we established
in the Estimate phase. Everything becomes a hard cost
in this phase. We are working together to create a
fixed price contract.
Once everything has finally been decided upon, we
check with the material suppliers and their lead-time
for any special order items.
Next, we finalize the contract. The contract contains
several sections including all of your product selections
and payment schedule through construction. You will
have seen this document in earlier meetings as we
give it to you ahead of time to enable you to ask
questions.