Cost-Plus vs. Fixed-Price The Great Debate with Brad Robinson & Scott Bland

13/08/2024 1h 12min Episodio 5
Cost-Plus vs. Fixed-Price The Great Debate with Brad Robinson & Scott Bland

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Episode Synopsis

Today on Builders Budgets and Beers we discuss the pros and cons of cost-plus vs. fixed-price building models in the construction industry. Builders Brad Robinson and Scott Bland debate the merits of each approach, considering factors like risk, profit potential, overhead, client satisfaction, and quality control.Brad Robinsonhttps://www.bradfordremodels.com/Scott Blandhttps://jimblandhomes.com/Cost plus vs. fixed price contracts in construction. 0:00Cost-plus vs fixed-price building models. 4:45Cost-plus contracts in construction industry. 9:51Cost plus vs fixed price pricing models in construction, with a focus on risk and reward. 13:19Fixed-price vs cost-plus contracts in construction, with a focus on risk management and profit potential. 17:34Build cycle, pre-construction process, and client satisfaction. 20:46Cost-plus vs fixed-price contracts in home building, with emphasis on managing client expectations and avoiding disputes. 26:42Cost-plus and fixed-price contracts in construction, with emphasis on client communication and risk management. 31:03Client expectations and quality control in construction projects. 37:56Cost plus vs fixed price contracts for custom home building, with emphasis on quality and consistency. 41:37Construction cost markups and margins. 45:37Pre-construction contracts and cost estimation. 52:42Building a legacy through quality home construction. 57:44Builder culture, marketing, and TV shows. 1:04:36Find Our Hosts: Reece BarnesMatt Calvano Podcast Produced By:Motif Media