Fixed Price Builds: The Key to a Stress-Free Construction Experience  

Are you considering embarking on a construction project but worried about unexpected costs and budget overruns? We understand that managing construction budgets can be a daunting task, which is why fixed price builds are becoming increasingly popular. In this comprehensive guide, we will explore the concept of fixed price builds, their benefits, and how they can provide you with a stress-free construction experience.

What are Fixed Price Builds?  

fixed_price_builds

Fixed price builds, also known as lump sum contracts, are a type of construction agreement where the total cost of the project is agreed upon upfront and remains fixed throughout the duration of the project. This means that as a client, you have a guarantee that the construction company will complete the project within the agreed budget, regardless of any unforeseen circumstances or changes that may arise during construction.

The Benefits of Fixed Price Builds  

  1. Budget Certainty: One of the primary advantages of fixed price builds is the budget certainty they provide. With a fixed price contract, you know exactly how much the project will cost from the beginning, allowing you to plan and allocate your resources accordingly. This eliminates the stress and uncertainty of cost overruns and unexpected expenses.
  2. Risk Transfer: In a fixed price build, the construction company takes on the risk of any cost increases or delays that may occur during the project. They are responsible for managing and mitigating these risks, giving you peace of mind and allowing you to focus on other aspects of your business or project.
  3. Streamlined Decision-Making: With a fixed price build, the scope of work and specifications are determined and agreed upon upfront. This eliminates the need for constant negotiations or change orders, streamlining the decision-making process and ensuring that the project progresses smoothly and efficiently.
  4. Quality Assurance: Fixed price builds often come with quality guarantees. The construction company is motivated to deliver a high-quality project within the agreed budget to maintain their reputation and client satisfaction. This ensures that you receive the best possible construction outcome without compromising on quality.
  5. Time Savings: The fixed price build model allows for efficient project management and coordination. With a clearly defined scope and budget, the construction company can plan and allocate resources effectively, minimising delays and ensuring timely project completion. This saves you valuable time and allows you to start utilising your new space sooner.

The Process of Engaging in a Fixed Price Build  

  1. Initial Consultation: The first step in a fixed price build is an initial consultation with the construction company. During this consultation, you will discuss your project requirements, budget, and timeline. The construction company will assess the feasibility of your project and provide you with an estimated fixed price for the build.
  2. Detailed Project Planning: If you decide to proceed with the fixed price build, the construction company will work closely with you to develop a detailed project plan. This plan will outline the scope of work, specifications, and any specific requirements or preferences you may have.
  3. Contract Agreement: Once the project plan is finalised, a contract agreement will be drawn up. This contract will clearly state the fixed price, payment milestones, project timeline, and any other relevant terms and conditions. It is important to review the contract thoroughly and seek legal advice if necessary before signing.
  4. Construction and Regular Updates: With the contract in place, construction will commence according to the agreed schedule. Throughout the construction process, the construction company will provide you with regular updates on the progress of the project, ensuring transparency and keeping you informed every step of the way.
  5. Project Completion and Handover: Upon completion of the construction, a final inspection will be conducted to ensure that all work has been carried out to the required standards. Once the inspection is passed, the construction company will hand over the completed project to you, ready for use.
fixed_price

Elevate Your Project with Better Way 2 Build – Take Action Today!  

Are you ready to experience the unparalleled excellence of Better Way 2 Build? Don’t wait any longer to transform your space and elevate your project to new heights.

Contact Betterway2build today at 08 6118 6119 to discuss your construction needs and explore the possibilities of a fixed price build. Let us help you turn your vision into a reality and elevate your business to new heights through exceptional construction.

Christine Cappas
Christine Cappas
Mike is a truly genuine person who cares about his client. From the start he was very transparent and let me know how everything works, he is very knowledgeable and knows his stuff! I completely trust him in buying and buying my first home
Monserrat Reuter
Monserrat Reuter
I built my first home all on my own thanks to Sev and Marlise. I don’t even know where to start as words cannot describe how grateful I am that I found these two. To build my own home was only a dream that Sev and Marlise helped make into a reality. The unconditional support and dedication towards whatever I needed throughout the whole process made me feel so safe and looked after. Even though I built my dream home on my own it never felt that way, it didn’t matter the time or day, these guys went out and beyond for me with every detail and step of the process. They are people of their word that you can genuinely trust in this dog eat dog world. They are upfront and honest, it was never about the money but how you felt leaving their office. I had many friends and family tell me about the awful experiences they had building with other companies, so naturally I was a little frighten and on guard but Sev me Marlise squashed this with one meeting. But the biggest thing I can say about Sev and Marlise is that my experience was incredibly fulfilling and wholesome and I am so grateful for them and their expertise and professionalism. If I ever decide to build again I know exactly where to go! Thank you guys so much for all the love and support which has continued even after the build. Much love to you all!! 😊
Ashley De Faria
Ashley De Faria
Sev and Marlise were so incredible throughout our time with them. We’re so happy that we got to work along side an epic team. My partner and I had a vision, Sec and Marlise happily put up with our pickiness and changes (including after hour messaging), and did everything they could do bring that to life. They are so warm and welcoming too making this whole crazy big process more enjoyable. I couldn’t recommend these two enough!
Raphaela & Amelia Jay
Raphaela & Amelia Jay
Mike was wonderful from the beginning and still helpful. We were about to give up Building but Mike assured us that he will definitely make it happen. Thank you Mike
Errin Patsy
Errin Patsy
Contacted Mike by chance for a new build and was met with honest and factual help. Excellent follow up and support, Mike is reliable and will go out of his way to get the best deal.
Rhys Crawford
Rhys Crawford
Mike has been helpful and reliable in getting my first home build started and well on its way to a timely completion. I recommend his services to anybody looking to build a new home!
Natasha Hanisch
Natasha Hanisch
When searching for a home loan you need to be able to rely on someone you can trust to be able to present you with all the options available and give you the right information to make the right decisions. Mike King from Better Way 2 Build is able to do all of this and so much more, with his extensive experience and knowledge he was able to answer confidently and made us feel at ease using Better Way 2 Build. Everything was handled quickly, efficiently and his customer service is the best you could find anywhere else. "Thanks Mike for helping change our lives.”
Mk Ultra
Mk Ultra
Mike King has helped my little family get into our own home by guiding us through everything that is to know for building a house. I did not know anything about building, I was shown and given 100% support for the process of owning my own home and I am still being supported during the build. I was given an amazing package deal much cheaper then I predicted with heaps of extras, in the location I wanted. Mike King has made it easy to understand the process and I would highly recommend him.