Budget Allowances: Good or Bad
I get this question a lot - Are budget allowances good or bad? There are a few common budget allowances that I share in this short update. So when should we have an allowance, and when should we more accurately collect all the actual costs? There are a couple of topics to check in with your estimators on (just to double-check), then a few common places where shoring up the actual costs are so important as you consider your original budget, actual costs, and ultimately, what was the profit on the job?