by Kurt Clayson | Nov 1, 2024
Funds included in a construction budget to cover unexpected costs or changes in scope. by Kurt Clayson | Oct 31, 2024
The process of creating a binding agreement between parties outlining the terms and conditions of a construction project. Create contract template and collect digital signatures with Projul. by Kurt Clayson | Oct 31, 2024
Identifiers used to categorize and track expenses in a construction project for budgeting and accounting purposes. by Kurt Clayson | Oct 31, 2024
The process of monitoring and managing expenses to keep the project within the approved budget. Cost control involves tracking actual costs, comparing them with budgeted amounts, and implementing measures to mitigate overruns, ensuring financial efficiency and project... by Kurt Clayson | Oct 31, 2024
A contract where the contractor is reimbursed for actual costs plus an additional fee or percentage for profit.