Hi guys,
So I am building a house and my builder has put down a certain item as a Prime Cost item and has an allocation dollar amount for it. The contract is a standard Master Builders contract.
I have done some research and found that I can get the item at a much cheaper price. My builder is now saying that he will need to put his margin on top of the cheaper price which he will charge me. I was under the impression that a Prime Cost allocation should not include the builders margin within the actual prime cost allocation. His margin should be outside of this.
does anyone have any experience in this or any advice on what is correct?
thanks
John