Where Contractors Are Most Likely to Exceed the Budget
Post date
August 12, 2019
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By Kim Slowey, Construction Dive
Budget structures vary by the type of construction a contractor performs. For example, subcontractors typically have a significant amount of their costs allocated to direct labor and materials while general contractors’ budgets are likely to have more subcontracted work on their books.
However, despite the differences in where the budget is weighted, every contractor, no matter its specialty, is vulnerable to cost overruns.
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