What is the role of the contractor regarding the total contract price?

The contractor plays a critical role in ensuring that the total contract price is calculated accurately and adhered to throughout the construction process. This responsibility encompasses a variety of tasks, including estimating costs for labor, materials, and overhead, as well as managing project expenses to remain within the agreed-upon budget.

Effective adherence to the contract price means that the contractor must monitor project expenditures continuously, make adjustments when necessary, and communicate transparently with clients about any potential cost overruns or changes. This skill in financial management is essential to maintain trust and satisfaction between the contractor and the client, as deviations from the agreed price can lead to disputes and project delays.

In contrast to this, negotiating the price after the work completion is not a standard practice, as it undermines the initial agreement and may lead to dissatisfaction. Additionally, raising the price without notice is neither ethical nor professional, and it can damage the contractor’s reputation and client relations. Providing labor without considering material costs fails to represent the full scope of services necessary for successful project completion. Therefore, the contractor's focus on accurate calculation and adherence to the agreed price is fundamental to maintaining project integrity and client trust.