Job Costing Plymouth MA

Most estimators assume that eight hours on the jobsite are eight productive hours. With no job costing, you'll never discover how misguided that assumption is.

Local Companies

Taylor Interiors
(617) 763-6463
57 Champlain Circle
Plymouth, MA
Emerald Excavating Co., Inc.
(508) 888-3184
38 Hedges Pond Rd.
Plymouth, MA
Daly Paving
(508) 224-2233
1 aroboretumrd
plymouth, MA
Home Perfection
508-280-3208
71 beach st
plymouth, MA
New England Shed & Barn
781.582.3766
102 Ring Rd.
Kingston, MA
Shellback Cottages
508-833-1000
P.O. Box 1640
Sagamore Beach, MA
Shellback Cottages
508-833-1000
93 Hunters Brook Rd
Sagamore Beach, MA
Shellback Cottages
508-833-1000
93 Hunters Brook Rd
Sagamore Beach, MA
new vision excavating
301 928-2532
11011 Lake Victoria Lane
bowie, MD
New England Build & Restore
800-649-3293
590 Washington Street
Pembroke, MA


There's a debate currently raging surrounding the relative merits of time and materials billing vs. fixed-price contracts.

In most respects, I think it's no contest: Fixed pricing wins hands down for lots of reasons. It holds the potential for higher margins. It provides a strong incentive to clients and remodelers alike to buy right. And it keeps clients' prying eyes away from parts of the business, like markup, that they wouldn't understand anyway.

There's a dark side to fixed-price contracts, however, and it has to do with what is perceived to be another advantage: Fixed-price contracts are easy to administrate.

What turns this advantage into a liability? Most remodelers working with fixed-price contracts pay attention to costs just long enough to price and sell the job. After that, they can apply for scheduled draws or so-called progress payments without ever taking another look at how the actual costs of construction squares with their estimate.

Paid as You Go

Unfortunately, profit depends not just on what you sell the job for but on how much you spend to produce it. T&M contracts won't solve this problem — they're too open-ended — but cost-plus contracts just might. They may be time-consuming to administrate, but so is job costing. That's why most remodelers either don't do it or wait until long after the job is over to find out whether or not they made any money.

Click here to read full article from Remodeling

Featured Local Company

Taylor Interiors

(617) 763-6463
57 Champlain Circle
Plymouth, MA

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