The Benefits Of Fixed Price When Designing And Building

The Benefits Of Fixed Price Design And Build : How It Works

John Eussen sits down with The Site Foreman’s Managing Director, Stephen Moore, discussing the benefits and why The Site Foreman implement this approach for their clients. 

What does fixed price actually mean?

Stephen – “Fixed price means that when you sign a building contract, the price is the price.  Unless you change your mind about something during the build, or we hit what’s called a ‘latent condition’ , which is a condition that the builder could not have been aware of prior to tendering the job, which is quite unusual. It doesn’t happen very often.”

John – “I like the sound of that because we hear about renovations and we hear about the builds and blow outs. What you’re saying is if you are quoting on a fixed price, really that solves that issue…”

How do we stick to budget?

Stephen – “It all ties back to the architectural design. The relevance of that is we want to spend time with you going through your design. It’s very important that we spend enough time with the client and that we don’t rush through that process so that you have a full understanding of what’s going to be delivered.”

Is it more cost effective to engage a company like The Site Foreman, where you have the architect and the builder in one?

Stephen – “Absolutely. Purposely, the back end of our office is an open plan situation where the architects are talking to the project managers…They are not seen as two adversaries working against one another, we work here as a team.”

Watch the full interview to learn more about the benefits of a fixed price design and build.

If you are thinking about designing and building or carrying out major renovations on your home, call us for a no-obligation project appraisal on 1300 728 006 or get in touch via our contact page here.