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  2. Guaranteed maximum price - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_Maximum_Price

    Guaranteed maximum price. A guaranteed maximum price (also known as GMP, not-to-exceed price, NTE, or NTX) contract is a cost-type contract (also known as an open-book contract) such that the contractor is compensated for actual costs incurred plus a fixed fee, limited to a maximum price. The contractor is responsible for cost overruns greater ...

  3. Cost-plus contract - Wikipedia

    en.wikipedia.org/wiki/Cost-plus_contract

    Cost-plus contract. A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount ...

  4. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    Construction contract. A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors. The owner, often referred to as the 'employer' or the 'client', [1] has full authority to ...

  5. Florida homeowners have no choice but to lower condo prices ...

    www.aol.com/finance/florida-homeowners-no-choice...

    Florida insurance costs three times the national average, which clocks in at $1,759 per year for $250,000, according to Bankrate. While HOA fees can vary greatly from building to building, the ...

  6. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    Broker's price opinion. A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a ...

  7. 6 ways to get the lowest rate on your next mortgage - AOL

    www.aol.com/finance/how-to-get-best-mortgage...

    Yes, a 1% drop in mortgage rates can save you a significant amount, but waiting for rates to fall by 2% or 3% can be even more worthwhile. For example, if you borrow $400,000 at 3% APR instead of ...

  8. Cost-plus pricing - Wikipedia

    en.wikipedia.org/wiki/Cost-plus_pricing

    Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. [1][2] An alternative pricing method is value-based pricing.

  9. 5 Worst Florida Cities To Buy Property in the Next 5 Years ...

    www.aol.com/5-worst-florida-cities-buy-150230963...

    3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents The Average Consumer Has $6,329 in Credit Card Debt. Here's One Smart Way to Get Out