Construction Change Orders and Allowances Processes

Remodeling Business Blueprint - Randall Soules and David Hawke discuss best practices to build a solid remodeling or trade contracting business

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4y ago 39:42

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Today we are going to discuss the process of change orders and allowances for contractors to keep a projects cash flow positive, why you should minimize the use of allowances, and why allowances are a losing proposition.

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Secret Of The Ages Book

Show Notes:

00:07:22: Tech Tip of the Week: Airpods Pro

00:10:53: Change order issues

00:11:39: The solution to change order issues

00:13:02: Problems that your may be creating

00:14:08: A published problem with change orders

00:15:10: An analysis of the problem

00:16:26: Steps to avoid problems with change orders

00:19:20: Be clear about the change order process

00:20:08: Include the job duration change in the change order

00:24:09: Allowances - why you should not use them

00:30:35: Adding contingencies to your estimate

00:31:31: How to handle owner supplied materials

00:35:15: Conclusion

00:38:32: Quote of the Week by Ben Franklin

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