Newbie question on allowances in a fixed price contract build
Been reading a lot of books and following this great forum but I still have some newbie questions on how allowances work with in a fixed price contract build.
Ã¯Â¿Â½Can the contract be written to allow us to shop for our own lighting and plumbing fixtures?
Ã¯Â¿Â½If so what is the best way to do that?
Ã¯Â¿Â½If allowed do we buy them and the builder pay us or how does that work.
Ã¯Â¿Â½If we buy those fixtures how is the labor for installation handled.
Ã¯Â¿Â½What about warranties?
Ã¯Â¿Â½What happens if you come in under allowance, I assume that is a savings?