If you have a fixed sum agreement more than likely, the owner/developer is most concerned about your PROGRESSION and you’re being paid based on how much you’ve progressed on the job. So one has to wonder why so many contractors treat lump sum agreements,  like cost-plus agreements and inaccurately itemize what they’ve “spent” on labor…

If you work in construction you’re familiar with the American Institute of Architects more commonly known as the AIA. They create form contracts used by many construction companies in various types of construction projects. Many smaller contractors pull these contracts offline and present them for execution without much modification at all. Given the frequent use…

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