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Fixed-Price or Cost-Plus Fee: Which is better?

My dear friend David reached out recently on the eve of starting a construction project on his home. He said that he’d received two quotes from reputable builders and that one of them wanted to work Fixed-Price and the other offered a Cost-Plus Fee model, and he wanted to know which I thought was better.

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Topics: New construction, Renovations, Cost Plus, Fixed Price, Contracts

Landmark Services, traditional builders specializing in historic renovations, restorations, and additions to historic Massachusetts homes and barns and new construction in traditional styles

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