Understanding Allowances Included in Building Contracts
When a builder provides a bid to a potential customer for construction of a new home or remodeling project, they will most likely include allowances for specific items to be included in the contract. If one has never been involved in a building project, they may not be familiar with what an allowance is and why they are necessary. This lack a familiarity with this important part of a contract can, and sometimes is used by a builder to obtain an unfair advantage over the competition and usually results in problems for the customer when they realize how the allowances [...]