Your church has grown faster than anyone expected, and you are now ready for the next phase of your building program, the sanctuary expansion. But which type of construction contract will work best for you.
Today there are probably as many types of construction contracts as there are construction projects.
Each one tailored to the specific needs of the owner and to the special requirements of the project. Competitive Bid, 2. Cost-Plus, with or without a Guaranteed Maximum Price, and 3. Any of these types of contracts can be used successfully for your project. But, several factors need to be considered when selecting the one that is best for your project.