MLSA Lunch Bites - COST PLUS: HOW TO INCREASE YOUR REVENUE

COST PLUS - HOW TO INCREASE YOUR REVENUE

Presented by LYNCH MEYER LAWYERS

Understanding Cost Plus can not only help protect your business, but also ensure you are being fairly compensated for the work you undertake. Provided all the correct processes are in place, using Cost Plus allows you to charge your client extra during a job.

This practical session will provide an overview of:

What is a Cost Plus contract?
Understand how Cost Plus arrangements work and when they may be appropriate for a landscaping project.

What needs to be included?
Learn what information should be clearly outlined in your contract, including costs, margins, mark-ups, variations and supporting documentation.

How to communicate Cost Plus with your client
Understand how to explain the arrangement clearly and transparently so both parties know how project costs will be calculated.

Protecting your business
Explore how a properly drafted Cost Plus clause can provide greater flexibility when material, labour or other project costs change.

Date: 12 September
Time: 12.00 pm – 12:45 pm
Venue: ONLINE – MS TEAMS

Don't miss this opportunity to strengthen your contracts, improve cost transparency and better protect your business when project costs are uncertain