Building With Trust: Understanding Cost Models for Your Project

At Tried & True Construction, we believe building your dream home or completing a remodel should never feel like a guessing game. One of the first questions we hear from clients is: “How much do you charge?”

It’s a fair question — and the answer depends on the cost model your builder uses. Knowing the differences will help you feel confident about your choices and your budget.

The 3 Most Common Cost Models

Fixed-Price / Lump Sum The builder gives you one price for the entire project. While it feels simple, the builder often adds extra “just in case,” and if the project comes in under budget, the savings don’t usually come back to you.

Time & Materials (T&M) You pay for the actual hours worked plus the cost of materials, often with a markup. It’s flexible but can become unpredictable if the project scope changes or runs long.

Cost-Plus (Our Model) At Tried & True Construction, we believe in building differently. We work on a cost-plus basis with a target of 12%. That means you pay the true costs of labor, materials, and subcontractors plus our management fee. Nothing hidden, no surprises.

Why We Choose Cost-Plus

We run an open-book policy. Our clients sit side-by-side with us to make sure your vision stays on track and your budget stays intact. It’s not just about building a house; it’s about building trust and long-term relationships.

When you work with Tried & True Construction, you get:

• Full Transparency — every dollar accounted for.

• Fair Value — a clear 12% target, not padded with hidden markups.

• Partnership — decisions made together, with your priorities first.

• Peace of Mind — confidence that we’re as committed to your budget as you are.

At the end of the day, our name says it all: we’re tried, and we’re true. Our cost-plus approach reflects who we are — honest, transparent, and committed to building not just beautiful homes, but lasting trust with every client.

A Note on Location-Based Work

While our standard cost-plus model is based on a 12% target, some projects in surrounding areas may require a slightly higher percentage. For example, builds in Duck Creek, mountain properties, or projects farther from Cedar City may involve additional logistics and travel. We’ll always communicate these adjustments upfront so you know exactly what to expect.

Ready to Build with Confidence?

At Tried & True Construction, we don’t just build homes — we build relationships based on honesty and trust. With our cost-plus model and open-book approach, you’ll always know where your money is going and feel confident every step of the way.

If you’re ready to start your project with a partner who’s as committed to your budget as you are, let’s talk. Reach out today and let’s build something amazing together — the tried and true way.

Cost Model Comparison

Cost Model	How It Works	Pros	Cons	Our Take
Fixed Price / Lump Sum	One total project price agreed upfront	Predictable at first glance; single number	Builder adds cushion for unknowns; savings don’t return	Works for simple jobs, but can create tension when changes arise
Time & Materials (T&M)	Pay for hours worked + materials + markup	Flexible; you pay for what actually happens	Costs can escalate quickly; less budget certainty	Useful for small, undefined projects, but not ideal for major builds
Generic Cost-Plus	Pay actual costs + builder’s fee	More transparency than fixed price	Requires client involvement; builder fees vary	Better than fixed price, but not always consistent in practice
Tried & True Cost-Plus	Actual costs + clear 12% target (location-based adjustments may apply)	Full transparency, teamwork, budget alignment	Requires teamwork — but that’s how trust is built	The fairest, most collaborative approach — tried, true, and transparent