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22 Reasons why you should never do Cost Plus or Time and Material contracts or billing.
The following lists some (but not all) of the major reasons that a contractor, in a construction related business, should not do Cost Plus or Time & Material contracts or billing. This applies to all general contractors and most of the specialty contractors in this business. The exception to this would be using Time and Material billing for service work such as electrical, plumbing, or HVAC service calls. . . . (to read the remainder of this article, please log in below.)
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