03/11/2026
One thing I’ve noticed after years in EPC projects:
Time & Materials contracts often create two completely different perceptions of reality.
Contractor perspective:
“Just document the work and bill what it took.”
Owner perspective:
“Where did the hours go and how do we control the cost?”
Neither side is necessarily wrong… but the gap in perception is real.
Which cartoon captures your experience better?
👇 Contractor view
👇 Owner view
Let’s see where the industry lands.