As the general contractor, SCG America is responsible for the overall coordination of a project, including all material, labor, equipment and services necessary for the construction of the project.
Our services are generally provided using one of the following methods:
Lump Sum Price
Cost Plus Price
Lump Sum Price: In a lump sum contract, sometimes called stipulated sum contract, it is agreed that the general contractor is to provide construction services for a specific price. This price will not change during the course of a project, unless the client changes the scope of work to be performed. The client then agrees to pay the price upon completion of the work, or according to a negotiated payment schedule.
Unit Price: Unit pricing is often used when maintenance and repair work is desired, or when the full scope of work is unknown at the time of bidding. In a unit price contract, a fixed price is established for each unit of work, and the total price of the contract is dependant on the number of total number of units of work performed.
Cost Plus: In a cost plus contract, profit is set at an agreed upon fixed percentage. During the course of the project, all expenses are tracked, documented, and provided to the client. The client then agrees to pay all expenses related to the project at their actual cost, plus the agreed upon fixed profit percentage of the cost of the work.