Cost Escalation:

The Cost Escalation Clause in our contract at South Eastern General Contractors addresses potential increases in construction costs due to market fluctuations. This clause ensures that clients are aware of and prepared for any necessary budget adjustments due to changes in material or labor costs. It provides a transparent method for updating the project’s budget, maintaining clear communication and financial fairness for both parties involved. Our goal is to ensure no surprises arise and to keep the project moving smoothly, even in the face of unpredictable market conditions.

Change Order Consideration Fee:

The Change Order Consideration Fee is a specific charge applied when you request changes to the original construction plan after it's been finalized. This fee covers the administrative and planning costs associated with evaluating and implementing your requested changes, such as revising quotes, schedules, and materials. It's designed to compensate for the additional time and resources required to adapt the project to new specifications. By understanding this fee, you can better gauge the implications of making changes mid-project and make informed decisions that align with your vision and budget.

Minimum 10% Buffer/Contingency

A buffer, also known as a contingency, is essentially a safety net for your construction project's budget. We add an additional 10% to your total estimated costs as this buffer. The reason is construction projects are complex and can face unexpected challenges, such as sudden price increases for materials, unforeseen structural issues, or changes in project scope. By incorporating this buffer into your budget from the start, you're better prepared for these surprises, reducing the risk of project delays or financial strain. Think of it as a proactive step to ensure your project stays on track and within financial bounds, even when the unexpected happens. It's a smart financial strategy to protect your investment and ensure a smoother construction process.

Price Point Ranges

Price Point Ranges refer to the estimated cost spectrum for your construction project, based on various factors such as materials, labor, design complexity, and square footage. Instead of a fixed price, we provide a range (e.g., $200 to $300 per square foot) to account for fluctuations in costs and client choices. This approach gives you flexibility and a realistic understanding of potential expenses, allowing for informed decision-making tailored to your budget and preferences. During planning, we'll work with you to target a price point within this range that meets your needs while ensuring quality. Keep in mind, the selected finishes and any unforeseen project changes can affect the final cost within this range.

Heated Square Footage

Heated square footage of a home or commercial build refers to, you guessed it, the area of the house that receives heating or cooling.

Your Estimate

Based on the details you've provided and considering a @hsqft home with a @ppsqft price per SQFT & our 10% buffer, we estimate the cost of your custom build project to be approximately

$(@hsqft*@ppsqft)+(@hsqft*@ppsqft)*(10 / 100)

Your Estimate

Based on the details you've provided and considering a home with roughly @apsqft heated square feet, @ppsqft1 price per SQFT & our 10% buffer, we estimate the cost of your custom build project to be approximately

$(@apsqft*@ppsqft1)+(@apsqft*@ppsqft1)*(10 / 100)

The Project Timeline:

The Project Timeline is a critical schedule that outlines every phase of your construction project from start to finish. It ensures everyone knows what needs to be done and when, helping to avoid delays and coordinate tasks efficiently. It includes key stages like site preparation, framing, and finishing works. We'll create this timeline together to set clear expectations and keep the project on track. Regular updates will ensure you're always informed, and any necessary adjustments can be made efficiently. Adhering to this timeline is essential for a successful and timely project completion.

All Selections Being Made Up Front

Making selections upfront is a critical step in our construction process, ensuring a smooth and efficient build. This means choosing all your materials, finishes, fixtures, and colors before construction begins. The reason this is so important is that it helps prevent delays and additional costs later on. By deciding on these elements early, we can ensure that all materials are ordered and delivered on time, and we can avoid last-minute decisions that could slow down the project. It also helps us provide you with a more accurate budget, as we'll know the costs of your selections from the start. This upfront planning is designed to make your construction experience as stress-free as possible and to ensure the finished product is exactly as you envisioned.

Potential Add-Ons:

In the custom home design and build process, "potential add-ons" refer to features or components that are not included in the basic construction plan but can be added to the design and overall project at the homeowner's request. These add-ons typically enhance the functionality, aesthetic, or comfort of the home but may not necessarily increase its appraised value according to bank or lender standards.