re: Cost plus building

quote:

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There was a contractor on the Northshore who would have his subs submitt invoices that were higher than they actually were. By having higher sub invoices the contractor made more money.

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Ouch

I can see how this could be a common racket.
The guy I’m dealing with said he’d just submit to me the hours worked for skilled and unskilled labor and I pay as we go.

I said how do I know if the guys work the hours you say they worked? He said that he’d keep their hours.
Mmm.
Nah.

For materials, he said I said that he would submit the invoices to me and I’ll pay them as we go. That sounds okay to me.

Gotta figure out how to work this labor part of it though.