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With years of experience and a strong reputation, we deliver exceptional residential and commercial construction services. Our commitment to quality, attention to detail, and client satisfaction sets us apart. <br><br><br>https://ravgc.com/<br><br><br>#construction #contractor #builder #canada #toronto
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General Construction Contractors' Contracts Explained: 5 Major Types
Lump Sum or Fixed Price Contract Scope of work and total costs are agreed before the project starts RAVGC assumes the risk of cost overruns and delays Suitable for well-defined projects with minimal expected changes.
Cost Plus Rate Agreement RAVGC will invoice the customer for the actual project cost and the agreed rate. Cost breakdown transparency and open accounting Ideal for projects with uncertain or evolving scope that require flexibility.
RAVGC charges customers based on time and materials Suitable for projects with an unpredictable range or where flexibility is important Detailed records of labour, material and equipment costs are provided
RAVGC offers a fixed price per unit of work, such as per square foot or per installed unit. Useful for repetitive tasks and projects with well-defined units of measure. Accurate estimating and measuring are critical to a successful deployment
Your Partner for Successful Construction Contracts: RAVGC General Construction knowledge of multiple contract types to accommodate various project requirements To discuss your project and find the best contract for your building needs, get in touch with us right away!