Contracts
When should I lock in my build price?
Short answer
Lock the build price in your building contract before signing - that's your fixed price commitment. Base prices from builder marketing are typically only "protected" (i.e. held) for 90-180 days after tender. Any delay past that window can trigger a price increase clause. Ask your builder for their tender-to-contract cooling window in writing.
Your builder’s base price isn’t locked in forever. In this episode, we explain what a base price actually includes, how long it’s protected, and the key differences between price lock and contingency periods - plus a real-world example to bring it all together.
Watch full episodeExplore on BuildPilot
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