Practical ideas for the decisions ahead. Browse advice on budgets, design, procurement and construction—or find something useful to share with your client.
A fixed price in construction is often seen as a guarantee that costs will not change. In reality, it only applies to a clearly defined scope based on specific information at the time of contract. When the design, assumptions or site conditions change, the price can legitimately change too. True cost certainty comes not from the contract itself, but from well-developed design, clear specifications and reduced uncertainty before tender.
