The Control Estimate: How Cost Plus Stays Under Control
Cost plus without a control estimate is a blank check. With one, every line item gets a baseline, a forecast, and a decision point—before the money is gone.
Buildplus Money Matters
Cost plus without a control estimate is a blank check. With one, every line item gets a baseline, a forecast, and a decision point—before the money is gone.
Five confusing terms, one document. An itemized list of construction costs changes its name depending on who is holding it, what phase the project is in, and what it's being used for.
Texas contractors control statutory trust funds. Residential homestead jobs over $5,000 add specific construction-account and recordkeeping requirements.
Construction cannot price work accurately when nobody knows what it costs. Cost-plus contracts use transparency to align owners and builders today—and improve the market over time.
New York contractors must keep project trust funds identifiable and properly documented. Dedicated Buildplus project accounts make that discipline easier.
Michigan law does not require a separate bank account for every construction project, but contractors must protect project funds and be able to show where the money went.
Traditional fund control protects a project by putting a third party between the money and the builder. Buildplus provides segregation, transparency, and accountability while the general contractor keeps control.
Don't let the contract labels fool you. Follow the money to see who gets the upside, who carries the risk, and whether your incentives actually align.
Most general contractors never owe a true fiduciary duty. The legal and ethical duties they do owe are serious—and far easier to meet with rigorous project accounting.
Revenue measures the work passing through your company. Profit measures how well your systems turn that work into a business worth owning.
We tested raw TimesFM 2.5 against real construction expenses. The answer was no—but the best predictions show why time-series models are still worth exploring.