I think that the contractor when bidding on a project must do all the required diligence and research before pricing the job. That being said, some unseen expenses and overages are part of a construction project and should be expected. The expenses incurred from misquotes or slight markups are probably covered by the contractors bond or insurance. The expenses incurred as a result of work order changes or owner and client design or material changes should not fall on the contractor. I think that the performance bond issue is affected by the specific type of coverage needed. The contractor will obtain a bond to cover a range of potential issues. This subject is one that is often addressed especially with larger type projects.
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