If your contractor goes over budget, first review the contract to confirm agreed terms and costs. Request a detailed breakdown of expenses to identify overruns. Communicate calmly, asking for explanations and potential solutions. Negotiate adjustments, like prioritizing essential tasks or sourcing cheaper materials. If disputes arise, document everything and consider mediation or legal advice. To prevent future issues, set clear budgets, include contingency funds, and monitor progress regularly.
Conclusion: Proactive communication and thorough documentation are key to managing budget overruns effectively, ensuring your project stays on track.
