MAYA CONSTRUCTION has endeavors to provide cost plus high priority projects. Often times individual projects are more suited to this type of project delivery method over other more conventional contract methods. A project such as various types of remodeling projects, Insurance and fire repair and other emergency projects that face a lot of unknown conditions such as site conditions, concealed conditions and other unknown issues may be a candidate for a cost plus contract. Projects with these conditions make providing accurate contract documents, drawings and estimates unrealistic.
Cost plus contracts are easy. Build this project for cost plus this fee! Work can start almost immediately without waiting to develop 100% design drawings. When unknown conditions are encountered designers can make quick decisions without having to negotiate change orders. Work continues without disruptions and lost time which cost owners money! Cost plus contracts are easy for owners and designers to manage in allowing the focus of all efforts to be targeted on completing the work as quickly as possible with quality workmanship. Cost plus contracts free up designers and contractors to perform at their best in order to meet an owner's specific project needs. The amount of fee charged for a project can either be a percentage of the cost of the overall project or a negotiated fixed fee plus cost.
