Cost Negotiating

Cost negotiating is a principle used in construction whereby the contractor negotiates with the subcontractor a more detailed and thorough contract to ensure a lower overall price for services rendered.

Methods to Reduce Costs in New Home Construction

There are two primary methods of reducing costs of construction.  The first is cost negotiation and the second is cost shifting.  These two methods have several tools in each to achieve overall price reduction.  The following describes each method and the respective tools within each method that you can use to achieve overall cost reduction.

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