How Construction Contracts Work: Ano ang Mas Maganda: Fixed-Price Contract o Cost-Plus Contract?

Parang complicated ang mundo ng contracting sa construction. Parang ang daming kailangan basahin, isulat, malalalim na technical or legal terms. Simplify natin! Subukan nating i-explain ng basic na basic at maliwanag ang Construction Contracts na very common na ginagamit sa industry: Cost-Plus at Fixed-Price Contract. Iwas scammer na (Owner side) iwas lugi pa (Contractor side)!
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Salamuch!

[@rosaliereiter6939]

Thank you Architect Ed, for sharing. Godbless!

[@jimmybello24]

Thanks po sir ed for your beautifull reviews

[@bridget9690]

Thank u for sharing Nice video sir👍

[@JosePerez-mt9fu]

Thanks you very achitect for the info.

[@rembu7961]

thanks po sir madami nalaman d2

[@marybethdunn2697]

Thank you Architect Ed for sharing your knowledge.God Bless you always🙏

[@cynthiamanalo8037]

Hello good evening my dear friend sir
Architect Ed
Thank you very much for this video.
Very informative.

[@jaybravofernandez7833]

Thanks Archt Ed for sharing. :)

[@wilmauyaco8446]

Thank u Architect.

[@limarsmandin1413]

Thanks for sharing arch. May Tanong lng po ako about fix priced.

[@adarnevloger405]

Hello maganda po na may content nyo ..kayA po naging intrisado sa inyo kasi po may Plano po akong mag pagawA Ng bahay..

[@litsnombre6390]

thank you

[@amanda9103]

Architect Ed baka po mai-consider nyong content yung pros & cons ng pag ibig housing loan for house construction.😊

[@kapitbahaychanel]

Thanks you master

[@zaldyacbang2880]

Very good explanation po,

[@herriepotter5816]

Nkkanerbios pro kung ako mas ppiliin ko cost plus ksi quality hindi ka ddayain ,tnong lang sir ED may mrrating bha ang 1.5m kung cost plus ang pipiliin ?thank u po kung mssgot ninyo 😊

[@yolandamanalaysay7443]

Tama po kayo Sir Vladimir gaya po ng bria homes grabe po ang mga unit na nakuha namin parang gusto mo ng umurong dahil puros substandars ang mga ginamit nilang materyales at pagkakagawa huhuhuhu.

[@dariusrice7255]

maganda yung cost plus kung ikaw mismo client ang bibili ng materyales para may option na makapag canvas kung saang hardware ung mdyo mura ung price.

[@likha360]

Dati I'm watching you as an Arki student ngayon I'm watching as an Architect. Thank you po for sharing your knowledge.

[@ArchitectEd2021]

Nice congrats!

[@ferdzracer2203]

Ask ko lang po sana kung pwedeng gamitin ang light frame materials sa 45sm area hanggang 4th flr ang roof top?

[@jimmybello24]

Sir architec kung need ko achitec owd kabang kunin

[@vladimirfabro4920]

Sa fix price malamang sub standard ang gagamitin pars mas malaki ang profit

[@catvjk]

ilang percent po ung change order? If may changes po sa suppliers? We decided po kasi to have our own AAC blocks and glass suppliers. I want to be reasonable.

[@limarsmandin1413]

After po ba macompute Ang total amount (Labor and mat'ls and miscellaneous items) Saka pa lng magdadagdag ng percentage para sa total contract and Ilan percent Ang pd idagdag?

[@romeoregacho5707]

Ask ko po…Sir Kung sa ibang Banda naman , I mean sa workmanship…tulad halimbawa ng wala sa hulog ung mga pader…or mga wala sa eskwala…apektado po rin dito ang project cost at wasted materials….sa dalawang contract n nabanggit nyo….Sino po ang mag gagastos sa mga nasabing halimbawang descripancy n matatawag? Thank u po….

[@franzayalin9867]

❤️❤️❤️👍

[@thewhos15]

Paano po kung nag bigau ng mga bills of materials si contractor ..then nabilang or alam naman kung ilan ang mga nagamit..sample nakalagay po sa contract is 124pcs 20mm then 96 pcs lang ang nailagay. Kung baga over price po. Then nag pa add po kami ng isang kwarto which is bayad din naman po ung additonal room..Ok lang lo ba na mag adjust sia sa unang contrata.. like ung pintuan Mahogany sa unang contrata now ginawang Melina..

[@maryanndecastro956]

Hello sir Ed, since tight budget po kami sa pagpapagawa pero gusto po namin pasimulan na. May nakausap po ako na contractor na 60% labor sa total material cost po. Okie po ba ito or masyado po mataas, btw 2 storey 54sqm po ang size. Salamat po sa pagsagot sa aking tanong. Godbless po

[@jaysonroque4501]

Hello po Archi, Sir ask ko lang po kung paano po ba magandang gawin? kasi may engr. na naghanap ng manpower, hindi ko po alam how much ang contract price ng unit, pero this is good for 6days work only, tinanong nya ko kung fixed or cost plus? ano po ba dapat kong gawin? para maprotect ko din ang sarili ko as contractor..

[@EsmeraldaHernandez-rm2fe]

, good evening po pano po kung ndi po natapos sa due date ng contract ang construction?

[@jomzzzooo1114]

Sir sa grand total construction cost kasama po ba ang mga professional fees?

[@amandofidel13]

Architect how many percent po ang charge ng contractor basing sa actual cost Ng materials? Salamat po.

[@ginkings1124]

gusto ko po sana magpagawa ng 2nd floor, 40sqm, 300k ang badget, hanggang saan kaya makakarating ito? bka flooring pa lang maubos na kaya?

[@sab3rsh4rk25]

Sir Ed magtatanung lang Po sana baka Meron na naka experienced Meron kasi construction sa likod Ng bahay namin dating may kanal tapos pinatay nila at tinabunan nagtayu sila poste dun natamaan Yung pader at nabutas dahil nga Meron pa rin tubig totally Hindi namatay kanal pumapasok Yung tubig samin dahil marami pang tubig sa ilalim...Ano Po ba karapatan namin para mareklamo sa barangay sila...Salamat po

[@celplatilla4290]

hello po .. question lng po .. may nairefer po kasi ung friend ko na ngpagawa ng house worth 6-7million .. may makukuha po ba xia na porsyento ?? thankyou po

[@zaldyacbang2880]

Sana po , makapag pagwa din po kmi sau, pero limited budget , pwede po ba un,

[@sherylkazumie2434]

Architect Ed, okay lang po ba na 50% ng napagusapang amount yung down payment deposit?

[@takitaki5005]

Archi pano po pag labor Lang po wlang materyales?

[@kizmoko1739]

Mga kano po ang normal na percentage na pwede ibigay na sa contractor for cost plus contract pag natapos na yung project?.. Ano po yung maiaadvice nyo.

[@remilopingol709]

Arch Ed. Gusto ko itanong if 10% is Ok ba na percentage or ano ba talaga kalakaran? Meron kasi ako kakilala na nagchacharge ng 25% not sure if mataas lang sya talaga or yun talaga kalakaran ngayon since yun binangit mong 10% sa video ay sabi mo ay example lang para madali icompute. Please let me know po. Thank you.

[@chanchan-tc9gq]

Architect mag kano po ang per sq meter sa mga mall kpag mag papagawa.

[@kuyahomer1003]

Pano po ang contract ng cost plus?ilan po ang downpayment usually.salamat po in advance

[@citaperez1960]

Allow me to correct yung "resinous " in my earlier comment. I mean resibo. At yung labor "paddlng" should be padding. Thank you.

[@mamalove2259]

Thank you for this video, ask ko lang po Architect Ed. for house construction thru pag-ibig, would you advice for Fixed price contract? Yun bang total sa BOM same sa grand total ng price sa fixed price contract? gusto ko lang po ng clarification, thank you

[@ArchitectEd2021]

Yes mas ok po yun.

[@FrancesMoana]

Hi Archi Ed, pwede po ba magpaconsult sa inyo? How to and where to contact you po, please? ☕️

[@emilywilliams5362]

Hi Architect Ed, I just want to know what is the best sealant for tiles that has no grout? The guy put tiles in our porch on the second floor and I found out he did not put grout so that the ceiling on the first floor of the house is already moldy due to the leakage from the tiles that has no grout.Somebody recommended us Build Rite…. Block out TW as a liquid sealant and my porch is 112 sq.m in which I need 11 gallons at 5,600 per gallon. I don’t mind spending but is this the right sealant? Thanks, please reply.

[@ArchitectEd2021]

Although you can use sealant as alternative to grout, it is still not a waterproofing. If you did not apply any waterproofing prior to tiling the porch, it will not solve the problem.

[@emilywilliams5362]

@@ArchitectEd2021 Thanks for your reply Architect. Yes, they did apply water proofing but I was just wondering they could have not applied enough of the water proofing. That is the problem when you’re out of the country while constructing a house. I guess lagyan ko na lng kaya ng bubong ang porch nmin? Thanks again.

[@marj_shaotchen9763]

Architect ask ko lang po, safe at pwede pa din po ba gamitin ang steel bars na nakaabang for 2nd floor after 1 year? Pwede po ba ipaint ng epoxy primer ung rusted steel bars before constrcution? Thank you in advance.

[@ArchitectEd2021]

If approved po ng engineer ang length para sa splicing and hindi naman kinalawang ang bakal, i think ok naman.

[@marj_shaotchen9763]

@@ArchitectEd2021 Thank you for answering po.

[@user-lp9vg6fn3h]

Bakit ung contractor nanghihingi ng cash advance tama ba sya?

[@citaperez1960]

Hi Architect Ed. I engaged the services of a contractor under cost plus arrangement. I noticed that the workers she supplied to my project are not doing much progress. She does not supervise the work flow properly. Masyado mabagal. Mukhang sinasadya kasi the higher the labor cost, the bigger percentage she gets. Also, when she submits her payroll, ang daming names of workers nakalagay eh konti lang naman nakikita kong trabahador sa site. That's labor paddlng. Hindi sya makadaya sa materials kasi may resinous although there are times sinasabi nya na misplaced nya resinous. What can you advise on this concern of mine. I'm so stressed kasi I have a limited budget which I told her at nakalagay naman sa contract. Ang hirap humanap ng contractor na trustworthy.

[@kuyahomer1003]

Good day po.maitanong ko lng po pano po ang contract ng cost plus,ilan po ang downpayment na hiningi ng contractor.salamat po

[@nergonzales]

subscriber here... san po kayo pede ma contact for your service po?

[@nenengbarrow727]

hello po sir plan ko po sana mag pa tayo ng bahay na 4bedrooms bungalow po total na measurements po 160sqm po simple house lang po magkanu po kaya magasto po, hope masagot nyo po thank you in advance po.

[@joniannebendal2746]

Up

[@felyfurio3961]

Arch. Ed .. paano kung ang lahat ng materials sa bu ong project ay ...may ari ang bibili ....? Labor lang ang sa contractor ...?

[@ArchitectEd2021]

Pwede naman po icustomize ang contract depende po sa mapagkakasunduan ninyo

[@jaybriangupit279]

Sir Archi Ed, pwede po bang maglagay ng agreement tungkol sa duration of project sa cost plus? And what if po if sumobra even without change orders/additions? And also, because cost plus nga baka po kasi magbagal yung workers para madagdagan yung total cost, ano po magandang counter para dun?

[@ArchitectEd2021]

A detailed contract. Pwede maglagay ng guaranteed maximum cost na kapag lumagpas doon ay si contractor na ang magbabayad. Then at the same time ay lagyan ng reward system na kapag di naabot ang max ay hati kayo sa savings.

[@marvinramos9449]

archi, paano po ung progress billing ng cost plus?

[@ArchitectEd2021]

Sige po next vlogs natin i-line up natin yan. Madali lang po iyan.

[@marvinramos9449]

​@@ArchitectEd2021 maraming salamat po sir archi... 😊

[@marcmarquez9670]

@Architect Ed, usually po ilang days ang pagpapagawa ng plan sa isang architect? Thank you po…

[@maravillawilmar01]

Sir may nag pa contrata po sakin tapos nd na po nag papakita Ako pa po Ang hiningian Ng pera tapos nag babanta pa po sakin sir tapos pinapaalis po Ako dto sana po matulongan nyo Ako

[@bsayangdako]

Ano po ang range ng percentage ng contractor sa cost plus po? Thank you.

[@ArchitectEd2021]

Starts at 10%

[@reymondfernandez2262]

​@@ArchitectEd2021,kmi po gnmit smin ng contructor is cost plus,in every 100k worth of materials may 70% xa dun,mhal po b mxado un Architect?slmt po sa mga imformative videos nyo.

[@rolandocustodio6995]

Are these laws engaging the services of contractor legal?

[@ArchitectEd2021]

Yes

[@rolandocustodio6995]

Bakit walang ibibigay na redibo ang contractor?
Ibig bang sabihin ay walang ibibigay ang contractor na bill of materials or rstimate?

[@ArchitectEd2021]

Meron po. Pero ang recibo ay hindi na po sinusubmit. Kapag fixed price ang usapan.

[@garrymartinez8719]

Architect paano po mag pabidding sa mga contractor? Nag loan kase ako sa pag ibig, mas gusto ko sana na ako nalang ang bibili ng materyales tapos labor nalang ang hahanapin ko pwede po ba yon?

[@joniannebendal2746]

Up❤❤❤

[@joniannebendal2746]

Same question..sana masagot

[@pachammj]

So ang hirap po pl pag fix price pno pag sub standards materials ang binili ni contructor.lugi ka db po

[@ArchitectEd2021]

Depende po sa contractor

[@enriqueleonardo3885]

Sir pede ko po b kayo i pm

[@ronaldocatbagan2658]

cost plus mas okay mahal lang nga