Contractor allowances

See the likely cost of selections before you approve them.

An allowance is the amount a bid includes for an item you have not selected yet. Compare it with the product or finish you choose to see possible overages, markup, or credits.

Multiple allowance linesMarkup on an overageEducational scenario - not a change order
Example valuesReplace the $75,000 contract and sample allowances with the figures in your written bid before using the result.
See the current allowance result ↓
Allowance itemBid allowanceActual selectionContractor markup on an overage
$0
$0
$0

Before approving a selection

Ask for one written all-in adjustment.

Confirm tax, delivery, labor, contractor markup, schedule effects, returns, credits, and whether the allowance assumed a specific quantity or quality level.

Allowance decision record

Selections, overages, credits, and markup assumptions

Project not entered · Community not entered

Contractor / bidNot entered

Property addressNot entered

Original contract$75,000

Prepared / printedAdded when printed

SelectionAllowanceChosen costMarkup assumptionAdjustment
Cabinets or built-ins$12,000$12,00015% on positive overage+$0
Fixtures or appliances$5,000$5,00015% on positive overage+$0
Tile, flooring, or finish material$3,500$3,50015% on positive overage+$0
Estimated contract total after selections$75,000
Educational selection record - not a change order, invoice, or legal determination.All values are homeowner-entered scenarios. The written contract controls markup, credits, approvals, and the final amount due.Prepared with HomeScope Guide · homescopeguide.com/tools/contractor-allowance-calculator