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helping contractors make more money and live better lives by Greg Vandenberg what is a time and materials contract if youre a contractor and youre asking me this question you better think twice before signing any contracts unless of course youre just starting out and you really dont know a type of materials contract is a contract where the homeowner the project manager with property owners assumes most of the responsibility most of the risk this is the contract that in order to deal with this contract you as the contractor will be purchasing the materials or the property owner will be purchasing the building materials and if they need more materials or less materials they need to take deal theyre responsible for taking the unused materials back if they need more materials theyre responsible for purchasing more materials your job is only to supply the labor now theres all sorts of different time in material contracts you can have a time and material contract where youve just app
