What is the most common way that contractors bid on projects?

Answer: Price not to exceed (NTE)
Explanation: Normally customers have a cost project budget and my company always is commitment to adjust from our estimate to the customer budget.

Answer: Time and materials (T&M)
Explanation: The estimate pricing . Includes the materials and the labor . Also the start and the end day .

Answer: Fixed price for a fixed amount of work
Explanation: A contract between Owner & CIM - Construction In Motion, Inc detailing every step of the scope of work to be performed. With scheduled payment.

Answer: Time and materials (T&M)
Explanation: Time and materials is the most cost effective way to get the right number for your bid.

Answer: Time and materials (T&M)
Explanation: How Contractors Use Time and Material to Generate Quotes Time and material (T&M) is a common method that general contractors use to estimate the cost of a project. T&M involves calculating the labor hours, materials, and equipment needed to complete the work, and adding a markup percentage for profit. T&M is often used for projects that have a high degree of uncertainty, complexity, or variability, such as remodeling, renovation, or repair. T&M allows contractors to adjust the price as the project progresses, based on the actual time and material used. T&M has some advantages and disadvantages for both contractors and clients. Some advantages are: - Flexibility: T&M allows contractors to accommodate changes in scope, design, or specifications without renegotiating the contract. - Transparency: T&M provides clients with a detailed breakdown of the costs and progress of the project. - Efficiency: T&M encourages contractors to work faster and more efficiently, as they are paid by the hour. Some disadvantages are: - Risk: T&M shifts the risk of cost overruns and delays from the contractor to the client, as the final price is unknown until the project is finished. - Disputes: T&M can lead to disputes between contractors and clients over the accuracy, validity, or necessity of the time and material charges. - Oversight: T&M requires more oversight and documentation from both parties to ensure the project is on track and within budget.

Answer: Time and materials (T&M)
Explanation: Time and material is more simple and faster then pouring over pricing all day

Answer: Time and materials (T&M)
Explanation: Labor and materials or just price for labor with client providing materials.

Answer: Time and materials (T&M)
Explanation: It is always based off of materials and man hours.

Answer: Fixed price for a fixed amount of work
Explanation: I will give the home owner my best price and a detailed offer that includes everything the home owner wants in there new bathroom. Plus we always upgrade the fixtures for free !!!!!!

Answer: Fixed price for a fixed amount of work
Explanation: It’s charged by how many yards of concrete in square footage how much 21 AA needs to be brought in compacted, and if we had the buggy, the concrete and how much side or concrete needs to be removed to set forms and grade

Answer: Fixed price for a fixed amount of work
Explanation: We usually can give you a price the same day. It is a fixed price that is good for 30 days.

Answer: Time and materials (T&M)
Explanation: Time and materials is what we have been doing Jobs for. because of the volatility of cost. We started doing time and materials when our cost increased monthly. On some small projects we can still bid jobs.

Answer: Fixed price for a fixed amount of work
Explanation: We run a model on pitch X squares = bill

Answer: Time and materials (T&M)
Explanation: You don't know how much time the job will take until everything is laid out, what the customer wants is what's important! With that said, there're many levels on which materials can be purchased, that can meet a customers budget!

Answer: Time and materials (T&M)
Explanation: The time is really a close guess that takes years of experience to get right. Materials is always right if you know how to do a take off on a design/blueprint correctly.

Answer: Fixed price for a fixed amount of work
Explanation: 4 Square Roofing provides an ariel measurement for each new roofing system replacement with our partners at Eagleview along with a labor and material proposal based upon the current market price per roofing square for remove and replacement.

Answer: Time and materials (T&M)
Explanation: This is the best way to ensure a fair cost to the customer and ensure profitability for the company and/or contractor. This is the best practice when there are foreseeable changes and additions to a project.

Answer: Price not to exceed (NTE)
Explanation: WE USE NTE ONLY BECAUSE WE DONT WANT TO MAKE YOU GO BROKE WHILE MAKING YOUR DREAMS COME TRUE WE WILL HELP YOU IN ANY WAY POSSIBLE AND STAY WITHIN YOUR BUDGET

Answer: Fixed price for a fixed amount of work
Explanation: I like to come to an agreement on the labor of work for the project

Answer: Fixed price for a fixed amount of work
Explanation: I believe in a contractor doing their homework and bidding a project. List a scope of work and fees. If there are unknowns, list them. For example, if you are redoing a bathroom. In most cases you won't know the extent of any water damage to the components, not visible, until you actually start the project.

Answer: Time and materials (T&M)
Explanation: Example for an exterior paint job. We would create an itemized quote by doing a walk through of the property that goes over each area being painted, cost of materials and different paints needed to complete the job. Then we will email the customer a quote that breaks down the cost in great detail.

Answer: Fixed price for a fixed amount of work
Explanation: I think the most common way to bid on project used by a majority of contractors is a certain price per sq ft. I think this is the most accurate way on most projects because it takes the time element out of it. And both the contractor and the homeowner know exactly what they are going to make and what they are going to pay up front. With T&M it could end up costing the client more money.

Answer: Fixed price for a fixed amount of work
Explanation: Contractors usua)y charge tje going rate that other contractors charge at that Time

Answer: Fixed price for a fixed amount of work
Explanation: FREE ESTIMATES

Answer: Fixed price for a fixed amount of work
Explanation: On projects that provide plans with set guidelines for the project, we use a fixed price method of bidding so the client knows the cost for their project.

Answer: Time and materials (T&M)
Explanation: Time and Materials is the cleanest, most accurate way to complete a project. It is easy for the contractor to bid, and provides the client with a clear, easy to understand explanation of the expenses.

Answer: Time and materials (T&M)
Explanation: We charge by per Job we calculate hours and overhead , and materials.

Answer: Fixed price for a fixed amount of work
Explanation: Clients receive a bid and timeline based on initial review of the project. If no hidden repairs are found during demo or the customer does not change their mind about the finished product, the original bid will be upheld; this will be explained when signing the contract to begin labor.

Answer: Price not to exceed (NTE)
Explanation: I have known many builders who bid this way. It works well as it encompasses a fixed price bid and allows for some discount. It also opens the customer to a conversation about what could be found during the course of work, that may affect the price going forward. I have found that fixed price bids work for smaller, well defined scopes of work but remodeling projects either require building in a cushion which hurts the customer if no problems are found or the cause lost revenue or unhappy customers if problems are found. I tend to lean toward NTE but have worked with all these formats. T&M has its place when no plans can be provided.

Answer: Fixed price for a fixed amount of work
Explanation: Its the only way to compare apples with apples.

Answer: Fixed price for a fixed amount of work
Explanation: Contractors will bid the initial job at fixed amount and any extras that may arise can be either a fixed amount, time and material or a cost plus not to exceed. No extra work should be preformed without written consent.

Answer: Fixed price for a fixed amount of work
Explanation: When you are a home owner a lot of times you are saving up progressively to have something done to your home where you spend your days you want and need to know how much you are going to be spending to have a completed product. Now we all know things can happen that change things slightly but those stipulations should be layed oiut in your contract. You definatly don't want to go t and m and end up out of money with a half finished product that is now a hindrance to your daily life and price to not exceed we are humans and sometimes greed does get the best of your most honest contractor you can end up paying more for a job than you should have because you let them see your cards before they were delt.

Answer: Fixed price for a fixed amount of work
Explanation: Sq ft and core surface

Answer: Fixed price for a fixed amount of work
Explanation: Time, materials, difficulty, and paperwork all add up to a fair and responsible fixed price.

Answer: Fixed price for a fixed amount of work
Explanation: A fixed price for a fixed amount of work is commonly used by just about every Contractor

Answer: Fixed price for a fixed amount of work
Explanation: We complete hazard claims with a set price. We use a cost estimatation program for bids.

Answer: Fixed price for a fixed amount of work
Explanation: AA Plus Construction. We do all types of Construction: Residential, or Commercial. * Roofing . * Painting. * Side walk  * Electrical. * Plumbing * Wood Flooring; Tile Work * Kitchen remodeling * Bathroom remodeling  * Sheetrock. * Gutter Cleaning * Fences * Framing. * Brick Pointing * Window replacement * Build a project from scratch Experience at both commercial and residential Free Estimate. Mike 917-968-6755

Answer: Fixed price for a fixed amount of work
Explanation: For example my pricing for roof replacements is very and market averages 350 a square for a asphalt re-roof 450 a square for asphalt roof replacement 550 a square for a cedar roof tear off

Answer: Time and materials (T&M)
Explanation: Job should always be based on material cost and how long it take to complete the project.

Answer: Time and materials (T&M)
Explanation: It all depends on the project

Answer: Fixed price for a fixed amount of work
Explanation: I calculate how many days it will take. I have a certain amount I charge per day,per head count for that day. Add total material cost to that and come up with a final number. Example: Head count- 2per day Total Labor Cost Per Day= $383.00. Total Material Cost=$250 3Day Job LABOR=$1149.00 MATERIALS=$250= ESTIMATE TOTAL=$2548.00

Answer: Fixed price for a fixed amount of work
Explanation: The standard way to approach projects is with a fixed price bid.

Answer: Time and materials (T&M)
Explanation: Contractors like myself calculate the time a project will take and the cost of all materials involved to come up with a final price.

Answer: Price not to exceed (NTE)
Explanation: This is a typical recommended contract endorsement of AIA

Answer: Fixed price for a fixed amount of work
Explanation: Most customers are looking for hard bids for their projects. Many contractors prefer to bid jobs on a Time and Material basis because it protects them from contingencies and unexpected costs incurred during the project.

Answer: Fixed price for a fixed amount of work
Explanation: We use a computer program designed to give current prices.

Answer: Fixed price for a fixed amount of work
Explanation: Our project managers have a budget for each property that is reviewed by a contractor. The contractor has the option of accepting or declining the job. We cover all material costs for general labor type jobs.

Answer: Fixed price for a fixed amount of work
Explanation: We give a quote for labor and material.

Answer: Fixed price for a fixed amount of work
Explanation: We offer flat rate pricing or pricing per square feet for 95% of the jobs we complete.

Answer: Fixed price for a fixed amount of work
Explanation: Provided the project clearly defined, this is the best price structure for the homeowner and the contractor.

Answer: Time and materials (T&M)
Explanation: Fixed bids mean contractors must add a "risk percentage" to the price to guarantee that they don't lose money on a project. A well managed time and materials plan will save most customers money.

Answer: Price not to exceed (NTE)
Explanation: Bid and don't go over that bid unless they ask for more services

Answer: Fixed price for a fixed amount of work
Explanation: fair pricing will get you in the door

Answer: Fixed price for a fixed amount of work
Explanation: Most contractors we compete with will provide a detailed written estimate that includes not only what the quote includes but also what it excludes. Most general contractors will also provide you with detailed lists of what finish materials will need to be purchased along with some budget guidelines for the homeowner.

Answer: Time and materials (T&M)
Explanation: Materials for the most part are going to have an average cost. Different jobs will need different materials yes, but overall that cost is factored into the total. Time is the variable that will change between contractors and so does price for that time. Some jobs are rated on a general service table for time allowed.

Answer: Fixed price for a fixed amount of work
Explanation: Charge by the Area That you were working on And amount of footage

Answer: Price not to exceed (NTE)
Explanation: We feel this is the best way to serve a client. The client has a budget and does not want to exceed it. If he elects to go with time and materials there is no telling what the costs are until the project is completed. More than likely the project will have gone way over the budget. There are no controls.

Answer: Fixed price for a fixed amount of work
Explanation: We measure the project and quote it. Price is fixed unless a hidden problem is discovered. The a quote is given before any more work is done.

Answer: Fixed price for a fixed amount of work
Explanation: I have fixed pricing for all of my services.

Answer: Fixed price for a fixed amount of work
Explanation: Price based on written Estimate

Answer: Fixed price for a fixed amount of work
Explanation: A fixxed price is fair for both customer and contractor the only time prices go up would be for additional work or above scope

Answer: Time and materials (T&M)
Explanation: To be very honest fixed rate would hurt if we ran into problems it would fall on contractor. I only do this for Appliance Installation, small things on large Projects rough estimate of time and materials any modifications or issues that arise unseen discussion with home owner to be done first before any work will continue.

Answer: Time and materials (T&M)
Explanation: We bid usually on labor, and then customer will be billed for materials, this works out the best since you know the labor cost, which usually can go up or down based on the size of the job and material which does not change as much.

Answer: Fixed price for a fixed amount of work
Explanation: The price for wallpaper installation is based on the amount of single rolls need for the project. Here in Las Vegas all wallpaper needs a little extra paste including pre-pasted wallpaper. Commercial wallpaper installation is based on the square yard.

Answer: Fixed price for a fixed amount of work
Explanation: Each project is Custom and needs to have its own cost

Answer: Time and materials (T&M)
Explanation: t&m is the most ways contractors bid but not always it depends on how the customer wants the bid

Answer: Time and materials (T&M)
Explanation: Labor and material cost is the most common process of contract bidding

Answer: Fixed price for a fixed amount of work
Explanation: it is only fair to the costumer to know how much and what type of work he is paying for.

Answer: Fixed price for a fixed amount of work
Explanation: This is probably the easiest way to do it and this way the customer knows what the total cost will be.

Answer: Fixed price for a fixed amount of work
Explanation: I charge by square ft. and exterior window pane.

Answer: Fixed price for a fixed amount of work
Explanation: Because each job is unique and each job requires a different amount of time and materials, each bid should be treated individually with a thorough look at the job and quoted based on what needs the customers is looking for.

Answer: Fixed price for a fixed amount of work
Explanation: we look at the job and determine the cost for the work the consumer wants to do . we like to give customer a straight answer when it comes to price so they dont have a doubt about our service.

Answer: Fixed price for a fixed amount of work
Explanation: Find the perfect fit for your particular needs

Answer: Time and materials (T&M)
Explanation: In the water and remediation business the materials and labor required is different on every job. I am trained and use the same software estimating program that the insurance adjusters use. This keeps us on an even playing field.

Answer: Fixed price for a fixed amount of work
Explanation: We bid jobs based on scope of work.