Tag Archive: Costs
Contracts – Prime Cost Items
Some new house building contracts will have ‘Prime Cost’ items. These are used for fixtures, or fittings, which the Client requires, but have not been finally selected prior to signing the Contract. An example would be they want a professional…
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Using Your Own Tradies
When you look at some of the prices that builders charge for things it makes you wonder if you can get things cheaper by employing your own tradies during the build. Examples are things like: Refrigerated air conditioning. Extra lighting….
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Post Contract Variations
The best advice I can give is: “Avoid making Post Contract Variations” The reasons are: Cost Basically the builder holds all the cards once the contract is signed. They can quote you the top price for the change…..plus a percentage…
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Builder’s Bankruptcy – Finance
So the builder has become insolvent and the house is half built…………..what are the financial implications? To finish a partially built project using another builder is going to cost more than if your original builder finished the project. For an…
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