I was just reading some comments from a group of Construction Business Owners on the topic of Time & Materials, (T&M Contracts) vs. the more common Fixed Cost Construction Contracts.
I’ll be very interested in hearing your comments on the concept both from the Contractor’s and the Consumer’s perspective.
For those of you who aren’t clear on the how this works, here’s a general description although there are some variations. Continue reading Cost Plus Contract vs. Fixed Price Contracts. Weigh In. →