There are two ways to set up payment schedules for a typical construction project: Milestone-based billing and Completion-based billing (pay as you go model). The “Milestone” Model This is where payments are made when certain project milestones are reached as defined by the contract created by the General Contractor.  A payment schedule for a typical residential room […]

At our most recent Ross Living Event in San Rafael, question about construction costs was asked: “It seems like there’s a few ways that General Contractors charge for their services: fixed price, T&M, etc. Can you clarify what these terms mean?“ Design-Builder John Fraine of Building Solutions replies: Wonderful question! There are 5 pricing strategies […]