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Construction Success Story: Cost-Plus vs. Fixed-Price Contracts

Posted by bgoricki on Apr 8, 2017 4:24:00 PM

After 10 years in the field, a remodeling contractor had worked on quite a few jobs. Some had been set up as fixed-price contracts and others had been performed on a cost-plus basis. Looking to improve his company’s financial performance, he asked his CPA to review the pros and cons of both formats and to recommend the best approach.

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Topics: Construction, construction accounting, Uncategorized

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