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[Music] im jake burton and this week on the build show were going to talk about the difference in cost plus versus fixed fee and why i choose one over the other lets get started okay i think its important to start this discussion by just general definitions we can call this one of the you know business 101 series uh sorry if the cameras bumpy were leaving the uh im leaving the hilltop arrow house as well cost plus versus fixed fee fixed fee the easiest way to think about fixed fee is i tell you the job is going to cost 100 that job costs 100 unless we have any change orders now those change orders could be driven by the municipality as in the inspector requires you to do something that wasnt in the original scope of work they could be driven by the project you could discover something that you didnt know that was in the wall say asbestos or lead paint or plumbing pipes that you didnt know were there and therefore you have to write a change order to the client and change that