The Scope of Work will be bid either on a Fixed Price basis or on a Time and Materials basis. In a Fixed Price situation, we bid off a well-defined set of plans and/or job specifications. These jobs have a start price and an agreed upon payment schedule and any changes are executed via change order while the work is underway. In a Time and Materials (T&M) situation, we quote you our Labor Rates per hour, and all other job costs are charged to you at our cost plus a markup. We usually work under a T&M arrangement if the plans must evolve as the work continues or if the scope of work is impossible to determine at the time of the bid. Some kinds of work, such as bug damage repairs, rot repairs, structural work, and historical restoration work almost always are done on a T&M basis.
We will be happy to discuss the terms of the Scope of Work with you to better tailor it to your expectations and budget.