Agreeing the price for a piece of work seals the relationship between contractor and the client. It is the central feature, and reflects the value placed on the relationship.
Prices is based on the combination of:
What the market expects
What the client can afford
The nature of competition in the sector
What the contractor can afford to work for
Any specific factors concerning the particular job e.g. location material used
What is being agreed and paid for- whether completion of a bldg or wider process offered supported by maintenance, pre sale and after care agreements?
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