International Builders' Show
February 19 - 21, 2019
Las Vegas, NV
FEB 19-21

Making Money with Change Orders & Allowances

Tuesday, January 9 | 11:00 AM - 12:00 PM

Location: OCCC - West Concourse, Level 3, Room W 304 A

Format: Building Knowledge SessionMore Info

Level of Content: AdvancedMore Info

Who Should Attend: Designers, Architects, Engineers and Planners, Remodelers, Single Family - Custom

Track: Custom Building & Remodeling

What It's About:

Listen, learn and review policies and procedures for change orders and allowances that will make you more money, boost efficiency and maintain control of the project and client. This advanced session employs real-world examples for comparing invoicing methods, and examples of profile changes, conditions and circumstances that are normally difficult to estimate and price. You’ll also explore essential contract wording to fully define your role versus that of the client and the architect, and learn how to incorporate an owner representative and contractor representative as the only persons allowed to initiate, issue and sign change orders, adjustments, options and allowance selections.

What You'll Learn:

  • Learn how to estimate, write up, price out and adjust your project completion schedule based on any change orders.
  • Discover how to profit, prepare and document calculated allowances to reflect realistic amounts for client options, selections and choices.
  • Apply essential contract wording to define your company’s policies and procedures for change orders and allowances.
  • Review and compare 10 real-world invoice and pricing examples of successful change orders and calculated allowances.

How to Attend:

Participants must be registered for a full registration package or a 1-day education with expo pass package valid for the day of the session they wish to attend. Seating for Building Knowledge sessions will be on a first-come, first-served basis.

Continuing Education:

NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)

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