{"id":13366,"date":"2016-06-21T23:05:10","date_gmt":"2016-06-22T03:05:10","guid":{"rendered":"https:\/\/www.avantage-plus.com\/en\/?page_id=13366"},"modified":"2017-05-04T14:03:44","modified_gmt":"2017-05-04T18:03:44","slug":"cost-plus","status":"publish","type":"page","link":"https:\/\/avantage-plus.com\/en\/types-of-contracts\/cost-plus\/","title":{"rendered":"Cost Plus"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row unlock_row_content=&#8221;yes&#8221; row_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; shift_y=&#8221;0&#8243; css=&#8221;.vc_custom_1458009163017{padding-top: 35px !important;}&#8221;][vc_column][vc_column_text]A cost-plus contract includes all the costs incurred for labour, subcontractors, materials and other direct costs, in addition to an amount that covers the contractor&#8217;s management and administration time. This amount can be a set price or a percentage of the costs, depending on what has been agreed with the client in the contract. To avoid unpleasant surprises, a guaranteed maximum price clause can be included in the contract: In that case, the contractor is responsible for any cost over and above the set price.<\/p>\n<p>This type of contract is often used for large projects whose scale and schedule do not make it possible to accurately or promptly estimate its exact costs.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row unlock_row_content=&#8221;yes&#8221; row_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; shift_y=&#8221;0&#8243; css=&#8221;.vc_custom_1458009163017{padding-top: 35px !important;}&#8221;][vc_column][vc_column_text]A cost-plus contract includes all the costs incurred for labour, subcontractors, materials<a class=\"moretag\" href=\"https:\/\/avantage-plus.com\/en\/types-of-contracts\/cost-plus\/\"> Read the full article patate&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"parent":13331,"menu_order":1,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-13366","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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